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The End of Blind Nvidia Buying: Korean 'Seohak Ants' Pivot to US Memory Giants

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Summary Korean retail investors, known as "Seohak Ants," are reducing their exposure to the "Magnificent 7" (M7) in favor of memory semiconductor stocks. In early 2026, these investors net sold approximately 870 billion KRW (~$627 million) worth of Nvidia and turned toward Micron and Western Digital (SanDisk). This tactical shift suggests a move from GPU-centric bets to the memory bottleneck phase of the AI cycle, mirroring the domestic dominance of Samsung and SK Hynix. What Happened According to the Korea Securities Depository, the legendary devotion of Korean retail investors to the "Magnificent 7" is cooling. While overall Korean investment in US stocks surged from $6.4 billion to $8.9 billion (~12.9 trillion KRW) recently, net purchases of M7 stocks actually dropped by over 10% compared to last year. Most notably, investors sold off Nvidia (NVDA) worth $627.29 million and Meta (META) worth $302.38 million. Instead of the usual big-tech giants, the c...

Powell's Caution Hits Stocks, But Micron's AI Boom Signals More Rally Ahead (Sept 2025)

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Powell's Caution Spooks Wall Street, But Micron's AI Boom and a Korean Rally Tell a Different Story Author: CORNYVERSE Last updated: September 25, 2025 | Reading time: 8 minutes ๐Ÿ“‘ Quick Navigation 1. Powell's Remarks Rattle a Pricey Market 2. The Real Story: Micron Proves AI's Power 3. The Global Bridge: South Korea's Hot Rally 4. Zeta Global (ZETA) 5. My Analysis: Signal vs. Noise Fed Chair Jerome Powell threw a wet blanket on the market rally with another dose of caution. While his words sent the major indices tumbling, a much more powerful narrative was unfolding beneath the surface: a stunning earnings report from Micron Technology . It was proof that the AI revolution is far from over. Across the Pacific, another story of strength emerged as South Korea's KOSPI index continued its record-breaking rally, capturing the attention of global investors. This post dives deep into the short-term impact...

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