00:00three numbers before the open. AMD's data center revenue nearly doubled,
00:05Intel's fourth-quarter guidance missed, and Samsung is building a new advanced foundry fab
00:11at Gi-hung. Those three stories sit at the center of today's Korean market,
00:15and the Democratic sweep in Washington is adding a new layer of uncertainty on top of them.
00:20It's Thursday, November 5. Here's what today's story could mean for the Korean market.
00:25Korea's Cosby closed at 5,683.80 on Wednesday, up 0.62 percent, after swinging nearly 7 percent
00:35intraday. Foreign investors sold roughly 2.5 trillion won of stock. Individuals and institutions
00:41absorbed that selling. That's a sign of a market that found buyers into the weakness. Here's the
00:47key detail for chip watchers. AMD's data center share of total revenue jumped from 47 percent
00:53to 64 percent in one year. Intel's data center share rose too, but only to 44 percent. AMD guided
01:00fourth-quarter revenue to $17 billion, above the $16.3 billion analyst consensus. Intel guided to
01:08$15 to $16 billion, below its $17 billion consensus. Intel's stock fell 36 percent over five trading days.
01:17Here's what the numbers show. Samsung Electronics closed down 0.68 percent at 218,001,
01:24and Skahinix finished down 0.14 percent at 1,396,001. Both chip giants recovered most of their
01:33intraday losses but could not turn positive. Meanwhile, Samsung plans to convert the Giheung
01:38campus into an advanced foundry hub, with an estimated investment of around $25 trillion won.
01:44That's a long-term capacity story, not a near-term earnings catalyst. Here's what the numbers show.
01:50Secondary battery names surged on expectations of a democratic push toward clean energy.
01:56LG Energy Solution rose 5.03 percent, EcoPro climbed 9.54 percent, and EcoPro BM jumped 10.96 percent.
02:06Samsung Electromechanics added 0.90 percent. Hyundai Motor gained 2.16 percent.
02:13Meanwhile, KOSDAQ closed up 1.50 percent at 714.95, and HLB dropped 17.69 percent.
02:23So what does this mean for investors deciding what to watch in the coming sessions?
02:27The first question is whether the foreign selling continues. A 2.5 trillion won outflow in one session
02:34is large, and it matters for the index. The second question is whether the sector rotation holds.
02:39Earlier, we said the political noise would fade, and the market would return to industry fundamentals.
02:45Here's what that actually means for you. Watch whether chip stocks follow AMD's data center momentum,
02:51or whether the democratic congressional agenda keeps pulling money into clean energy and batteries.
02:57The third question is what happens to AI infrastructure spending.
03:00Meta's bond deal priced at 6.55 percent, and drew orders of up to $58 billion,
03:07which tells you the hyperscaler capex cycle is still funded.
03:11Watch for three things this week. First, the next foreign investor flows.
03:16Second, whether Samsung and Skat Hynix hold above yesterday's levels.
03:21Third, any follow-up on the NDAA provisions affecting overseas shipbuilding,
03:25which could shift the outlook for Korean shipbuilders. That's today's AI Prism,
03:30stock investors. This episode was produced with AI assistance based on Seoul Economic Daily reporting.
03:38AI Prism is a Won Ifra award-winning series. We'll be back tomorrow.
