HomeArtificial IntelligenceHedge funds turn to South Korea for next wave in AI

Hedge funds turn to South Korea for next wave in AI

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Hedge funds, including FengHe and CloudAlpha, invest in South Korea’s chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating won and TSMC’s higher multiple, they attract investments amid the Sino-U.S. tech war and U.S. export bans.

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