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Finance & Markets

[Opening Market] KOSPI Tries to Recover After 'Black Thursday'

Entering mid-October on Friday, Oct. 16, after the fierce storm of ‘Black Thursday’ that shook the South Korean stock market on the previous day passed, the domestic stock market initially opened in a…

  • KOSPI opens at 5,653.99, up 1.80% after Black Thursday
  • Index peaks at 5,662.30 before settling at 5,590.33
  • Foreign selling dominates, but domestic buying attempts to stabilize

Culture

49ers's Kyle Shanahan Shocked by Brock Purdy-Mike Evans Dynamic

“Ross and Rachel. Stephen King and Mike Flanagan. Tennessee Titans and the Loss Column. Genuine chemistry is not easy to find.”

  • Brock Purdy and Mike Evans have formed a dynamic duo in just five weeks.
  • San Francisco 49ers coach Kyle Shanahan surprised by their rapport.
  • Evans missed practice due to Achilles soreness and broken ribs.

AI

Server Prices Surge Up to Fourfold as AI Demand Squeezes Memory Supply

The price of a single server has surged as much as fourfold in just one year, putting corporate information technology (IT) infrastructure investment under severe pressure.

  • Server prices have quadrupled in one year, causing IT infrastructure challenges.
  • Memory costs rose from 39% in 2015 to 59% in 2023, now comprising two-thirds of manufacturing costs.
  • DRAM and NAND flash prices are projected to increase by 237% and 293% respectively this year.
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