South Korean stocks slide as DeepSeek model stokes memory chip demand fears

South Korean equities fell after the emergence of DeepSeek's efficient AI model raised fears about future memory chip demand and pricing, challenging the dominance of Korean chipmakers. The story is a macro-tech signal rather than a direct crypto event, but it feeds broader risk-off sentiment around AI and semiconductor supply chains. Traders should watch whether weaker chip demand expectations spill into tech-heavy risk assets, including crypto, though no specific token is implicated.