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SOUTH KOREA NVIDIA CONTROVERSY
Japan's Yen intervention hits record $50 billion in single day in JulyJapan spent a record $50.36 billion in a single day in July to strengthen the yen, which had fallen to a 40-year low against the dollar. It...- South Korean shares rebound as chipmakers recover from AI-driven selloffSouth Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recov...
- Tech firms claw back some losses after midterms rout, eyes on NvidiaTech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary...
- South Korea says Nvidia issues won't affect contracted GPU suppliesVice Minister of Science and ICT Ryu Jemyung told a parliamentary budget committee that 10,000 GPUs funded under a 2025 supplementary budge...
- Meet Lori Huang, Nvidia CEO Jensen Huang's low-profile wife who runs a $9.2 billion foundation that rivals the famous MacArthur FoundationJensen Huang's wife is Lori Huang. The couple reportedly met as engineering students at Oregon State University. At that time, Jensen was 1...
- Singapore confirms a probe into Megaspeed but denies investigating Alice Huang over spy claims; how is Nvidia CEO Jensen Huang linked to the controversy?US media reports have alleged that Nvidia CEO Jensen Huang developed a 'close relationship' with an alleged Chinese spy. US intelligence be...
- Donald Trump was reportedly briefed a year ago that a suspected Chinese spy was close to Nvidia's CEO, but why was Jensen Huang never told?According to media reports, US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). Alice had devel...
- Global investors push South Korea's chaebols to speed up reformsGlobal investors are increasingly urging South Korea’s chaebols to adopt necessary corporate governance reforms to address the existing val...
- South Korea eases leveraged investment rules to curb forced sellingSouth Korea has temporarily relaxed collateral requirements for securities firms to curb forced selling after a sharp stock market decline....
- AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
- Global Market Today: Asian stocks join US selloff as AI slump deepensSouth Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and ...
- Tesla misled South Korean customers about automated-driving tech, consumer group allegesTesla has marketed Full Self-Driving (Supervised) software to prospective buyers in South Korea for years, often collecting lump-sum paymen...
- Tesla misled South Korean customers about automated-driving tech, consumer group allegesTesla is facing a consumer complaint in South Korea over allegedly misleading customers by selling its Full Self-Driving (FSD) software to ...
- Samsung to make AMD, Nvidia chip parts at second Texas plant: ReportConstruction is due to start formally this month, with the plant having secured orders for its entire output, and most of the secured volum...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
- North Korea fires missile barrage toward the sea as tensions with South riseIn a show of defiance, North Korea has test-fired nearly 10 short-range ballistic missiles into the sea off its eastern shores amid rising ...
- AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
- Samsung Electro-Mechanics gets $2.8 billion chip investment from Tesla, Nvidia, report saysTesla will invest 1.1 trillion won and Nvidia 2.6 trillion won to build the production lines in the South Korean city of Sejong to supply t...
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