Daily brief
Nvidia has announced multiple partnerships with South Korean tech firms including SK Hynix, Naver, and Doosan to advance AI infrastructure and chip development, with additional collaborations on physical AI with LG and AI-powered robotics with Hyundai. (ongoing coverage)
South Korean stocks tumbled 8%, leading an Asia-wide rout driven by US rate fears and Middle East tensions, as AI trades unwound and threatened the bull run.
A South Korean leveraged ETF misfired, surging 50% even as SK Hynix slumped.
South Korea’s AI impact is creating pressure across the government bond market.
President Lee vowed to make South Korea 'irreplaceable' and outlined progress for his second year.