Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement

South Korean shares closed nearly flat as chipmakers cut early losses after the government announced AI and chip mega-projects worth over $576 billion. Samsung Electronics fell 4.86 percent and SK Hynix lost 1.68 percent, recovering from deeper declines of 6.9 percent and 5.8 percent respectively. Foreign investors posted their biggest daily selloff on record worth 7.7 trillion won, while analysts flagged risks of oversupply from rising chip investments.