Seoul chip stocks rally as Bank of Korea models a $100 billion AI export hit

South Korea’s Kospi opened at 5,638.34 on Tuesday, representing a 3.09% increase. Its first gain in four sessions. The increase was due to chipmakers like Samsung Electronics and SK Hynix jumping on Anthropic’s IPO filing. The same day, the Bank of Korea told lawmakers that chip exports could drop by as much as $100 billion if U.S. tech firms pull back on artificial intelligence spending. How is the market reacting to Anthropic’s IPO? Anthropic, the developer behind the Claude AI model, made public its S-1 registration with the Securities and Exchange Commission and is seeking a Nasdaq listing under the ticker ANT, as Cryptopolitan reported .

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