Korea unveiled a ~₩1,000 trillion ($720B) AI and chip mega-plan — a “Korean Stargate.” But it’s built differently from the US version, and the president…
Everyone is buying the AI chip story. But data centers don’t run on GPUs alone — they run on electricity, and electricity is now the bottleneck. Here is a map of the AI-power supply chain, read two ways (vertical and horizontal), and where Korea’s manufacturers sit in it.
In 2026 the KOSPI broke 9,000 while foreign ownership of Samsung and SK Hynix hit a one-year low. It’s not a contradiction — it’s forced selling of “Korea” and deep conviction in its AI memory. Here’s the machine behind it.
Korea’s KOSPI roughly doubled in 2026 and broke 9,000 for the first time. The earnings engine is real — but record retail margin debt and a two-stock index are the fuel. Here’s how to tell a boom from a bubble.
The SpaceX-to-jet-fuel thesis for Korean oil refiners is wrong on both counts. But the stocks are soaring anyway — for a completely different reason.
Korea’s latest breaches weren’t stolen passwords — they were leaked cloud keys that opened the database. Here’s the security-stock angle most foreigners miss.