KOSPI Plunges 25% in One Month, Rallies 67% in One Week Amid Alphabet and Intel Earnings Test

According to News1, South Korea's KOSPI index fell more than 25% in less than a month from its June 22 high of 9,114.55 points, before rebounding 67% within one week—historically a common pattern following sharp market selloffs. Analysts at Shinhan Securities noted that 67% of KOSPI's 48 sharp declines of 8% or more since 2000 bounced back within one week, with an average return of 3.6%.

Next week's earnings from Alphabet (July 22), Intel (July 24), Microsoft and Meta (July 29) will be critical, with investors closely watching capital expenditure guidance on artificial intelligence investments. Brokerages view recent volatility as a technical correction driven by AI investment slowdown concerns and semiconductor cycle uncertainty, rather than a fundamental market breakdown.