South Korea’s Kospi Index Jumps 13% on Surge of Chipmaking Stocks The Kospi index's sharp 13% increase on Friday has left investors wondering if Asian markets are finally catching up with Wall Street's enthusiasm for artificial intelligence related stocks.
While some attribute this surge to a rebound from earlier losses, it's clear that the trend is driven by more than just market fluctuations.
The AI Bubble: A Misconception Proponents of AI have long touted its potential to disrupt and transform industries at an unprecedented pace.