DeepSeek Hands Memory Stock Investors Fresh Reason for Caution
Fund managers wading back into South Korean memory makersโ stocks got a fresh gut check after DeepSeekโs latest artificial intelligence model raised doubts on the strength of demand.
This websiteโs original language is English. For translation, click the globe icon or choose Translate in the menu.
5 matching records found
Fund managers wading back into South Korean memory makersโ stocks got a fresh gut check after DeepSeekโs latest artificial intelligence model raised doubts on the strength of demand.
South Korea has identified a gas-fired power project in Texas as the first US investment under a trade deal agreed last year, a step that could help ease tensions between the two allies after months of friction over the pace of progress related to Seoulโs investment commitments.
The South Korean won advanced to its strongest level in nearly two years Monday, helped by a rally in semiconductor stocks and continued foreign inflows into the countryโs benchmark equity index.
A Goldman Sachs Group Inc. strategist is standing by his bullish target for South Korean stocks, saying investors underestimate how long the AI boost for the nationโs memory chipmakers will last.
South Koreaโs foreign-exchange reserves rose by a record $14.33 billion in August, driven by a jump in commercial banksโ foreign-currency deposits at the central bank.