Technology stocks extended losses on Thursday as investors grew concerned about how companies will finance enormous artificial intelligence spending plans. South Korea's benchmark KOSPI fell more than 7%, marking a seventh consecutive daily decline. SK Hynix plunged 11%, and Samsung Electronics dropped more than 9%. European chip makers also fell sharply in early trading. Nasdaq futures pointed to a 1% decline when trading resumes in New York.
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Tech stocks extend losses as doubts over AI spending financing grow
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