South Korean AI-focused company Elice has seen its stock price decline on the Seoul exchange, deepening investor skepticism over the sustainability of high valuations in the artificial intelligence sector. The drop follows broader market unease about whether some AI-driven firms are trading at premiums that may not reflect their long-term profitability or operational realities. Analysts are increasingly scrutinizing whether recent surges in AI-related stocks are justified by fundamentals or speculative enthusiasm. The development underscores growing volatility in tech investments as market sentiment shifts amid economic uncertainty.
Shares in Elice sink in Seoul, adding to rising concern about AI valuations
