Despite Nvidia's Ongoing Leadership Turmoil, Korean Stocks Still Climbed 4.5% This Week
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Author:小编   

On Friday, November 13, the Korean stock market closed lower, yet it gained 4.56% for the full week, rebounding from a 12% drop the previous week—a sign that investors are proving relatively resilient in digesting the leadership crisis at Nvidia. Kang Jin-hyuk, an analyst at Shinhan Investment Securities, said that Jensen Huang is a key pillar of trust for circular financing within the AI ecosystem, and related financing entities may face potential risks, but the market is distinguishing the turmoil surrounding Nvidia's CEO from broader uncertainties in the AI industry. Foreign investors made net purchases of KOSPI spot stocks for a fourth consecutive trading day. Among individual stocks, Samsung Electronics fell 0.96% and SK Hynix dropped 3.03%. The two tech giants showed relative resilience, suggesting that investors remain focused on global potential demand for high-bandwidth memory (HBM) and next-generation chips, rather than overemphasizing the uncertainty surrounding Nvidia's internal leadership.