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[Opening Market] Korean Stocks Plunge as U.S. Inflation, AI Fears Trigger 'Black Thursday'

South Korea’s stock markets suffered a “Black Thursday” rout amid a combination of adverse factors, including a U.S. inflation shock and mounting concerns over the profitability of the artificial…

  • Korean stock markets plunged 5-6% on Black Thursday, Oct 15
  • U.S. inflation data and AI sector fears triggered market drop
  • Semiconductor stocks, especially Samsung Electronics and SK hynix, suffered heavily

Microsoft Unveils Maia 300, Challenging Nvidia’s AI Chip Dominance

Microsoft is mounting a direct challenge to Nvidia’s market dominance with the unveiling of its next-generation proprietary artificial intelligence (AI) chip, the Maia 300.

  • Microsoft unveils Maia 300 AI chip on October 12, challenging Nvidia's dominance.
  • Chip uses TSMC's 2-nm and 3-nm process technologies, with 18TB/s memory bandwidth.
  • Maia 300 optimized for inference workloads, reducing service operating costs.

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