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South Korean Tech Rebounds Amid $1.65T Hidden US Debt

7/22/2026

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Story summary
  • South Korean tech stocks rebounded as chipmakers Samsung and TSMC posted large gains after recent AI-bubble fears.
  • Nikkei reported that Alphabet, Amazon, Meta, Microsoft and Oracle disclosed hidden off-balance-sheet debt of $1.65 trillion, an eightfold increase over four years.
  • Morgan Stanley flagged the off-balance-sheet debt risk.
  • Moody’s warned the growing debt could strain the companies’ finances.