On October 11, for much of this year, South Korea was at the center of the global AI boom, but now its stocks are rapidly losing favor with investors. Market turnover has plummeted by 70% from its peak in late May, with foreign investors and local retail investors both pulling out. This shift stems primarily from the South Korean stock market's over-reliance on Samsung Electronics and SK Hynix. Phillip Wool, Head of Portfolio Management at Rayliant Global Advisors, pointed out that for most investors, especially those who entered the South Korean market recently through memory chip trades, the biggest challenge is that easy profit opportunities in this sector are no longer available. He stated that his fund has been taking profits on South Korean AI stocks and currently holds positions in SK Hynix and Samsung Electronics below the benchmark. Richard Tang of Julius Baer noted that funds are increasingly flowing back into U.S. stocks, leading to a continuous outflow of foreign capital from South Korean stocks. Chun-Lai Wu from UBS Global Wealth Management said that they currently prefer to deploy AI investments through Taiwanese stocks, as Taiwan has a more well-established tech hardware ecosystem and benefits from strong spending plans by major tech companies.