Jensen Huang, CEO of Nvidia, has caused stocks to fluctuate sharply with his words and actions, leading to mixed emotions among investors. Some individual investors have even expressed hopes that Huang will mention the key products of the stocks they have invested in.
SKC stock was traded at 152,800 won on the KOSPI market at 10:30 a.m. on the 9th. The stock price rose by 12.85% (17,400 won) compared to the previous day. During the session, the stock price even reached 157,900 won.
At the world’s largest consumer electronics and information technology exhibition, CES 2025, SK Group Chairman Chey Tae-won was seen lifting a model of the SKC glass substrate and saying, “I just sold it,” after meeting with CEO Huang. The market interpreted this as SKC glass substrates joining the Nvidia value chain.
Conversely, individual investors known as ‘Seohakgami’ (inexperienced investors in U.S. stocks) who have invested in quantum computer stocks are dismayed. The stock price of IonQ dropped 39% overnight on the New York Stock Exchange. Other quantum computer-related stocks, such as Quantum Computing (QUBT) down 43.34%, Rigetti Computing (RGTI) down 45.41%, and D-Wave Quantum (QBTS) down 36.13%, also plummeted.
The impact of CEO Huang’s remark at a global press conference held during CES 2025, where he said, “We are collaborating with quantum computer corporations, but it may take 20 to 30 years for useful products to emerge,” and added, “We will only be able to see early-stage products in 15 years,” was significant.
IonQ is the fifth most held U.S. stock by domestic investors, and as its stock price halved, the proportion of investors experiencing evaluation losses skyrocketed from the 20% range to the 40% range in just one day. In addition, based on investors who linked their account information to Naver Pay’s ‘My Asset Service’, all quantum computing, Rigetti Computing, and D-Wave Quantum stocks have fallen below the average purchase price within a day, entering a loss zone.
Shareholders of Samsung Electronics and SK Hynix also had to worry about CEO Huang’s remarks. During his opening speech at CES 2025 on the 6th (local time), CEO Huang unveiled the GeForce RTX 50 series equipped with Nvidia’s latest artificial intelligence accelerator, ‘Blackwell’, while also revealing that it features Micron’s GDDR7 memory. Concerns arose that Samsung Electronics and SK Hynix might not have succeeded in the supply, causing the stock price to show a downturn on the 7th.
The day after the opening speech, CEO Huang said in a press conference, “Samsung Electronics and SK Hynix do not have graphic memory,” but then corrected his statement. After CEO Huang released a statement on the 8th (local time) clarifying that Samsung Electronics and SK Hynix memory was indeed used, the situation seemed to settle down.
Many other stocks also moved in response to CEO Huang’s actions. On the day he announced the partnership with Nvidia, the stock price of Toyota Motor Corporation rose, or it became known that there were no Korean corporations among the major players in the robotics ecosystem proposed by CEO Huang, leading to a downturn in robotics stocks.
Due to the significant impact on stock prices, some investors are even hoping that CEO Huang will speak positively about the stocks they own. A representative from a domestic asset management company noted, “A chat asking Huang CEO to say that he likes Samyang Foods' Buldak Bokkeummyeon was posted on YouTube, which was broadcasting his keynote speech,” adding, “This is evidence of the significant influence that retail investors feel.”