Stock Market Circuit Breaker Triggered During Huang Renxun's Visit to South Korea, with the Latter's Itinerary Drawing Much Attention, Retail Investors Launch Self-built Tracking Website

BlockBeats News, June 5th, Today, the South Korean stock market plummeted more than 5% due to the sharp decline of SK Hynix and Samsung Electronics, triggering a midday trading halt. As of the time of writing, the Korea Composite Stock Price Index (Kospi) has expanded its decline to over 6%, with SK Hynix falling 9%. The aforementioned plunge may be related to Broadcom's AI performance guidance falling short of expectations, and a well-known research report predicting a significant reduction in Nvidia's allocation of memory.

It is worth noting that according to the schedule, the "AI Master" Jensen Huang will fly to South Korea on the afternoon of June 5th. Given the recent surge in stock prices driven by his recent recommendations on MRVL, the market had previously widely expected Huang's visit to have a positive impact on the South Korean stock market. Therefore, South Korean investors have set up websites to track Huang's itinerary and analyze stock price movements that may be influenced by his statements.

Based on various reports, it is expected that Huang's itinerary in Korea will be as follows:

June 5th (Friday) evening: Host the "2nd Kkanbu Gathering" at a barbecue restaurant in Seongsu-dong, Seoul, meeting with SK Group's Chey Tae-won, LG Group's Koo Kwang-mo, Naver's Lee Hae-jin (possibly including Hyundai Motor's Chung Eui-sun). Samsung's Lee Jae-yong will be absent due to overseas travel. The focus will be on discussions regarding AI, HBM, and embodied AI/robotics collaboration.

June 7th (Sunday): Meet with NCSoft CEO Kim Taek-jin; in the afternoon, throw the first pitch at a **Doosan Bears** professional baseball game at the Seoul Jamsil Baseball Stadium (wearing a number 93 jersey).

June 8th (Monday): Visit Naver's second headquarters, the "1784" building (Botong), to discuss specific AI business collaborations.

In addition, Huang will also make his first appearance on the South Korean variety show "You Quiz."