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Asia's AI trade just cracked.
KOSPI dropped 2.7%. SK Hynix fell 7.7%. Samsung lost 6.2%.
This comes after a 68% surge last quarter on AI chip demand.
Meta triggered it. They announced a cloud business to resell excess AI compute and jumped 8.8% overnight.
Foreign investors are dumping Asian stocks at the fastest pace in 16 years.
Smart money already found its next entry.