Bitcoin Holds Above $64K as Kospi Plunges 5.8%
SK Hynix's $29B buyback is aimed at restoring confidence as fading AI-hardware enthusiasm weighs on South Korean equities.
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SK Hynix's $29B buyback is aimed at restoring confidence as fading AI-hardware enthusiasm weighs on South Korean equities.
The regional record puts institutional appetite in focus and links Asia's equity markets to the semiconductor and AI investment cycle.
The oracle worked as designed. What changed is where the exchange says future prices should come from: its own orderbook, as research shows perps now lead spot, not follow it.
The one-minute plunge exposed the price-discovery risks of trading traditional assets through thin overnight crypto markets.
The scale of the capex commitment and the explicit memory focus put SK Hynix, SK Telecom and SK Square inside NVIDIA's next-buildout roadmap, not just alongside it.
KOSPI's outsize weighting in Samsung and SK Hynix has turned it into a proxy for AI infrastructure demand. When global investors want to read the AI cycle in real time, they now watch Seoul.
The circuit breaker at KOSPI is the headline; SK Hynix's 15% drop, the worst single-day loss in years, is the real story for global chip and AI-exposed equities.
Wallet in Telegram now offers tokenized SK Hynix exposure inside the messaging app, with parallel access on Solana through Backpack and Ondo Finance, threading a Korean chip giant into on-chain rails.
Samsung and SK Hynix are pulling a decade of chip-plant expansion into five years to feed Nvidia and OpenAI, and the same risk pools that funded bitcoin all cycle are now chasing HBM instead.
Air Liquide has pledged $233 million to support SK Hynix's manufacturing expansion in South Korea, a direct bet on the…