Global Market Update: KOSPI Volatility, Nvidia Leadership Shift, and AI Semiconductor Trends
South Korean stocks surrendered early gains on Friday as foreign investors expanded their selling during the afternoon session, according to 한국경제.
The Kospi climbed past the 5500 mark during the morning trade before retreating to the 5290 range. Large-cap semiconductor stocks including Samsung Electronics and SK Hynix turned downward by the end of the session.
In contrast, bank shares and companies with improved earnings attracted continued buying pressure. That dynamic created a clear divergence in stock performance across different industry sectors.
Yuanta Securities raised its target price for Samsung Electronics to 690,000 won. The firm cited expectations that the artificial intelligence memory supercycle will extend into next year.
Analyst Baik Gil-hyun at Yuanta Securities analyzed that the monetization of artificial intelligence services and general DRAM supply constraints will drive earnings improvements for chipmakers. The brokerage maintained its 3.7 million won target price for SK Hynix.
Global investors are moving capital toward the Indian stock market as valuation concerns grow around international technology shares. Domestic exchange-traded funds holding Indian equities gained roughly 13 percent over the prior month.
President Lee Jae-myung hosted a capital market policy meeting where experts discussed measures to attract long-term investment capital to domestic equities. Participants suggested steps to prevent intentional share suppression and speed up the exit of distressed public companies.
Proposals also included expanding corporate shareholder returns and gradually introducing mandatory public purchase rules for management rights sales. Experts emphasized that improving overall corporate quality remains essential for market structural reform.
Top-performing investors tracked by Mirae Asset Securities purchased shares of Naver and Korea Electric Power Corporation following recent earnings drops. Those high-yield accounts chose the price dips as buying opportunities.
The same investors net sold SK Hynix and Samsung Electronics after those tech shares advanced early in the day. Their trading pattern reflected a selective approach of taking profits on large semiconductor names while acquiring lagging individual equities.
Global artificial intelligence semiconductor competition faces shifts following the resignation of Jensen Huang from Nvidia. Market participants anticipate that any decline in Nvidia market dominance could allow competitors like AMD and Broadcom to expand their share.
Such a supply chain diversification could strengthen the bargaining power and customer base of domestic memory suppliers. Wall Street investment banks lowered their Nvidia price targets by up to 60 percent following the executive departure and export restriction risks.
Top investors on New York exchanges instead purchased Nvidia shares for three consecutive days following the drop. Tesla shares shifted from the top spot for net selling to the second spot for net buying within a single day.
“We need a market where people can make money even with long-term investments,” the assembled market experts told 한국경제 during the policy discussion on November 13, 2026.