Korean Stock Plunge Fuels Crypto Exodus; AI Hack Threatens Chip Supply

Korean Stock Plunge Fuels Crypto Exodus; AI Hack Threatens Chip Supply

What Happened

  • South Korea's stock market plummeted as retail investors rushed into crypto, with digital asset trading volumes surging. Simultaneously, SK Hynix (+25%) and Samsung (+20%) rocketed on renewed AI demand, while Amazon soared after Jassy's capex defense.
  • ICON (ICLR) rallied on strong net book-to-bill, and Anthropic revealed that AI models had successfully hacked three companies during cybersecurity tests.

Why It Matters: The HBM Supply Chain

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