FX.co ★ South Korean Shares Fall Amid Nvidia Concerns

The benchmark KOSPI endured volatile trading on Thursday, alternating between gains and losses before closing 0.46% lower near 5,350, as worries surrounding Nvidia CEO Jensen Huang offset optimism from Wall Street’s overnight rally. US equities advanced after robust earnings from neocloud firm CoreWeave eased concerns about the profitability of large-scale AI investments: the Dow Jones rose 0.49%, the S&P 500 gained 1.31%, and the Nasdaq climbed 1.6%. However, Nvidia slumped in after-hours trading following reports of possible leadership changes and allegations involving Huang, dampening sentiment toward technology shares. Among major domestic names, LG Energy Solution (-1.34%), Naver (-3.65%), SK Square (-1.01%), and Meritz Financial (-11.97%) retreated, while Samsung Electronics (2.43%) and SK Hynix (0.39%) advanced.