South Korea clarifies ‘AI dividend’ remarks after market selloff

South Korea clarifies ‘AI dividend’ remarks after market selloff
May 12, 2026

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South Korea clarifies ‘AI dividend’ remarks after market selloff

South Korean presidential chief of staff for policy Kim Yong-beom moved to clarify remarksabout returning part of the gains from the country’s artificial intelligence boom to citizens after the comments triggered a sharp selloff in semiconductor shares and pushed the KOSPI lower on Tuesday. Kim had said part of the wealth generated by AI should be “structurally returned” to the public, drawing investor concern that the Lee Jae Myung administration could consider redistribution measures tied to soaring profits at major chipmakers such as Samsung Electronics and SK Hynix. The KOSPI fell as much as 5.1% intraday before recovering some

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