SK Group's chief executive will travel to Taiwan next week to meet with Jensen Huang, emphasizing the 'triangular alliance' among SK, NVIDIA, and Taiwan Semiconductor.

According to a Yonhap News Agency report on May 27, SK Group Chairman Chey Tae-won will visit Taiwan next week to meet with NVIDIA CEO Jensen Huang, with a focus on advancing the trilateral partnership among SK, NVIDIA, and Taiwan Semiconductor. Taiwan, being Jensen Huang’s hometown and the headquarters of Taiwan Semiconductor (TSM), serves as a critical hub for this collaboration.

Yonhap News AgencyMay 27 17:06

NVIDIA announced a USD 150 billion investment in Taiwan, boosting chip stocks on the Taiwan stock market.

NVIDIA's annual spending in Taiwan Province will increase from the current $100 billion to $150 billion, compared to just $10–15 billion four or five years ago. Meanwhile, NVIDIA plans to construct a new office campus in Taipei by the end of this year, which is expected to accommodate 4,000 employees upon completion in 2030.

wallstreetcnMay 27 21:20

Fueled by the artificial intelligence boom, foreign investors have bought Japanese equities for the eighth consecutive week.

Gelonghui, May 28 | Foreign investors have bought Japanese equities for the eighth consecutive week as of May 23, driven by declining oil prices and rising AI-related stocks bolstered by strong demand prospects. Data released by Japan’s Ministry of Finance on Thursday showed that foreign investors recorded net purchases of JPY 1.08 trillion (USD 6.77 billion) in Japanese equities for the week ended May 23, up nearly 14% from the previous week’s net inflow of JPY 948.4 billion. The technology sector attracted substantial investment following NVIDIA’s forecast last week of surging demand for its flagship AI chips. SoftBank Group, a major investor in artificial intelligence, saw its share price surge last week.

Gelonghui Finance38minutes ago

When tokens cost more than people, the 'AI narrative' runs into trouble.

As the scale of AI adoption expands, the gap between token consumption costs and actual business value is becoming evident. An Uber executive bluntly stated that the link between AI spending and product improvement "doesn't exist yet." Data shows that for every dollar spent on tokens, only 18 cents generate real value. While this is not a 1999-style bubble, the prevailing narrative that 'increased token consumption equals successful AI transformation' will ultimately collapse.

wallstreetcn11:33

The Bank of Korea held rates steady as expected, but spillover effects from the memory chip boom have reignited expectations of a rate hike.

The Bank of Korea kept its policy rate unchanged and significantly raised its inflation and economic growth forecasts.

Zhitong Finance09:49

Jensen Huang Joins Elite Tsinghua University Advisory Board That Includes Tim Cook And Elon Musk: Report

Benzinga09:38