Reported 11 months ago
Despite a recent dip in stock prices after Nvidia's market value surpassed 3 trillion USD on June 8, 2024, South Korean investors continue to favor Nvidia over Tesla, making it the most held foreign stock. SK Hynix and Samsung in South Korea are striving to secure Nvidia's favor for HBM high-bandwidth memory after Nvidia boosted Taiwan factory supply chains. With SK Hynix already in Nvidia's supply chain, Samsung is reportedly in the testing phase. South Korean investors hold a significant amount in Nvidia, totaling approximately 110.769 billion USD this year, surpassing Tesla's 106.7794 billion USD. Samsung is also looking to capitalize on Nvidia's success in the semiconductor industry.
Source: YAHOO