Global semiconductor companies are on high alert following the fallout from Nvidia CEO Jensen Huang's scandal. While allegations of espionage involving China remain unverified, concerns are rising about the potential impact on the industry, given Nvidia's critical role in the global semiconductor supply chain.
On November 8, Nvidia's stock fluctuated in after-hours trading, dropping approximately 4.2% on the Robinhood online trading platform after news of Huang's scandal emerged over the weekend.
Other semiconductor firms appeared to be unaffected by the scandal. While Japan's Kioxia saw its stock decline by 2.46%, South Korean semiconductor companies experienced gains. Samsung Electronics closed at 189,900 won, up 1,200 won (0.64%) from the previous trading day, while SK Hynix rose by 4,000 won (0.35%) to finish at 1,136,000 won.
Analysts are viewing this incident as a new variable for the semiconductor sector. Lee Kyung-min, a researcher at Daishin Securities, stated, "Jensen Huang's scandal has emerged as a new source of uncertainty. While there is currently no evidence of national security or confidentiality breaches, the ongoing requests for private briefings from U.S. House committees leave room for uncertainty to persist."
◆ Major Reports
Data Center Regulations and Investment Opportunities Post-Anthropic Roadshow [Hana Securities]
Despite short-term volatility from data center regulations and the upcoming IPO of Anthropic, the South Korean stock market is forming a bottom. Strong employment figures and falling oil prices are easing macroeconomic concerns, while regulations are expected to alter the pace and positioning of AI investments. Investors should maintain core semiconductor holdings and consider gradual purchases, expanding their choices to IT services that secure recurring revenue and profits amid the spread of enterprise AI's value chain.
◆ Fund Trends (as of November 6, excluding ETFs)
Domestic Equity: -590.2 billion won
Overseas Equity: -103.3 billion won
◆ Key Schedule for Today (November 10)
China: Import and Export Statistics (October)
U.S.: Consumer Price Index (October), Small Business Optimism Index (October)
* This article has been translated by AI.
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