Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
South Korea will provide tax incentives and financial support to corporate projects to develop eight key parts and materials, such as automotive chips and rare-earth permanent magnets used for electric vehicles.
The country plans to support investment in research & development (R&D) on those items over the long term.
Finance Minister Hong Nam-ki said the move will help attract private investments worth 140 billion won by 2025 and create jobs.
South Korean automakers have been forced to temporarily suspend their production lines due to the global shortage of automotive chips.
While South Korea is home to memory chip powerhouses Samsung Electronics Co. and SK hynix Inc., it has not produced less profitable auto chips.
The companies have also relatively lagged in developing non-memory chips, including system chips.
