With the debate over an artificial intelligence (AI) bubble starting up again, Korea's power equipment-related stocks were falling early on the 21st.
As of 9:42 a.m. that day, LS ELECTRIC was down 10.57% (53,500 won) from the previous day at 452,500 won in trading.
In addition, HD Hyundai Electric and Hyosung Heavy Industries, grouped as power equipment-related stocks, are down in the 5% range, while Cheil Electric and Gaon Cable are showing declines in the 4% range.
Overnight, all three major U.S. indexes finished lower. Earlier, they were strong at the open on the impact of Nvidia's "surprise earnings" announcement, but investor sentiment weakened in a day as AI bubble concerns resurfaced.
Accordingly, Nvidia also closed at $180.64 on the 20th (local time) on the Nasdaq in the United States, down 3.15% ($5.88) from the previous day.