'NVIDIA' says demand remains strong after 'Cheonvidia' visit [3-Minute Brief]

Published 24 May.2024 08:00(KST)

Updated 19 Jan.2025 10:59(KST)

[3-Min Brief 3-Second Summary]
① Yoon "26 Trillion Won Comprehensive Support for Semiconductor Industry"
② Fiscal Vision 2050, Will Not Be Disclosed
③ Half of Consumers "Need Regulation on C-Commerce"

MARKET INDEX

'NVIDIA' says demand remains strong after 'Cheonvidia' visit [3-Minute Brief]

- US New York Stock Exchange's three major indices all fell
- AI leader Nvidia surged sharply
- Rate cut expectations retreat, investor sentiment shrinks

Top3 NEWS

■ President Yoon: "Comprehensive Support of 26 Trillion Won for Semiconductor Industry"

- Presided over the 2nd Economic Issue Review Meeting on the 23rd
- Directed to prepare groundbreaking measures for system semiconductors
- No 'direct subsidies' support like the US and Japan

■ Ministry of Economy and Finance Will Not Disclose 'Fiscal Vision 2050'

- Decided to share only with related departments
- Future Vision 2050 will be announced as scheduled
- Increased uncertainty in fiscal scenarios

■ Nvidia, the 'Cheonvidia'... Jensen Huang: "Demand Remains Strong"

- Boosted by strong earnings and stock split news
- Surpassed $1000 per share in after-hours trading
- Growing expectations for next-generation chip 'Blackweb'

Graphic News: Evolution of Lithium Extraction Method Dried in Sunlight for Dozens of Months

- Lithium, a key mineral for electric vehicle batteries, is evolving in extraction methods
- Moving away from traditional highland natural evaporation methods
- Actively utilizing DLE method... selectively extracting lithium using adsorbents

the Chart: More Than Half of Consumers Say "C-Commerce Needs Safety Regulation"

- Over half of consumers aged 20 and above say "C-commerce needs regulation"
- 35% have used C-commerce; 44% say government ban on direct overseas purchases is 'wrong'
- Hazardous substances detected in Chinese direct purchases continue... usage rate is declining

Terms in the News: 'DTM' Installed One After Another in Seoul City

- Digital ATM for unmanned exchange of legal tender applying blockchain technology
- Handles 89 currencies from 17 countries... exchange rates applied based on the day of exchange
- Available to domestic and foreign users without accounts... daily limit of $2000

Today's Key Schedule

○ Domestic

○ Overseas
- 05:30 Federal Reserve Balance Sheet
- 08:30 Japan April Consumer Price Index
- 15:00 UK April Retail Sales
- 15:00 Germany Q1 GDP
- 19:00 Eurozone Finance Ministers Meeting
- 23:00 US May University of Michigan Inflation Expectations

◇ Lunch & Commute Weather

○ Lowest Temperature 16℃(▲1℃) ｜ Highest Temperature: 25℃(▼1℃)
○ Precipitation Probability Morning 30%｜Afternoon 30%
○ Fine Dust Morning Moderate｜Afternoon Moderate

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