Korean stock market bloodbath.

The KOSPI is dropping as much as 7% below 6,000 intraday, and emergency circuit breakers just kicked in.

Foreign funds are panic-selling tech, with Samsung and SK Hynix taking the brunt of it after Chinese rival CXMT showed off major memory progress.

Toss in climbing oil prices and Wall Street second-guessing all that massive AI spending, and Seoul is just having a brutal session.