Huang Renxun lands in Seoul, and the Korean stock market immediately gives a welcome ceremony: SK Hynix -10%, LG -7%, Naver -4%, SK Telecom -2%, all without gunfire, just landing

This is not a coincidence, this is called Huang Renxun's visit tax
Last week, Nvidia downgraded some products' memory configurations, and Huang Renxun personally appeared in Seoul, and the market connected the two events
Once you understand, after monopolizing computing power, the next step is to compress upstream profit margins. The visit may not be for cooperation, but possibly to negotiate terms
Historically, whenever Nvidia deepens cooperation with memory suppliers, only one side benefits
By the way, $NVDA also dropped 4.7% today. Huang Renxun himself didn't escape either, but he lost on paper wealth, while Korea's decline is others' loss
Should you try to buy the dip? First, clarify: is this an emotional overreaction or a valuation re-pricing? If it's the latter, missing out isn't a big deal
Huang Renxun has 4 days left, looking forward to what comes next
DYOR, not investment advice
#NVIDIA # SK Hynix #Huang Renxun