{
  "id": 19578142,
  "title": "Seoul shares turn lower amid Nvidia controversies despite Wall Street rally",
  "url": "https://urgent.news/2026/11/12/seoul-shares-turn-lower-amid-nvidia-controversies-despite-wall-street",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T00:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261112/seoul-shares-turn-lower-amid-nvidia-controversies-despite-wall-street-rally"
  },
  "original_language": "en",
  "account": "Korean shares dipped Thursday despite a Wall Street rally fueled by a tech surge, as controversies surrounding Nvidia CEO Jensen Huang intensified. The benchmark Korea Composite Stock Price Index (KOSPI) slipped 11.32 points, or 0.21%, to 5,364.04 by 9:15 a.m., reversing its early 0.2% gain. Earlier, Wall Street's three major stock indexes had closed higher: the Dow Jones Industrial Average up 0.49%, the S&P 500 up 1.31%, and the Nasdaq Composite up 1.6%.\n\nInvestor confidence was bolstered by strong earnings from neocloud firm CoreWeave, which helped ease worries about the profitability of substantial AI investments. However, Nvidia's shares plummeted after hours following reports that the company's board planned to remove Huang. Subsequently, a New York Times article revealed that Huang had an extramarital affair with a subordinate and admitted to a relationship with a person believed to be a Chinese spy.\n\nIn Seoul, the performance of semiconductor shares was mixed. Samsung Electronics rose 0.73%, while a prominent chipmaker saw no significant movement.",
  "summary": "Korean shares turned lower Thursday despite overnight gains on Wall Street driven by a tech rally amid escalating controversies over Nvidia CEO Jensen Huang. After opening 0.2 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) turned negative, losing 11.32 points, or 0.21 percent, to 5,364.04 as of 9:15 a.m. Overnight on Wall Street, three major stock indexes finished higher.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "Just how deep do Alice Huang’s Hong Kong business links run amid the Nvidia affair?",
        "url": "https://urgent.news/2026/11/11/just-how-deep-do-alice-huangs-hong-kong-business-links-run-amid-the",
        "published": "2026-11-11T23:30:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}