AI Investment Frenzy

● Musk-Altman AI Feud: Consumer Joy

AI Competition and Investment Trends – From Securing NVIDIA Chips to the US-China AI Investment War

1. XAI’s Bold NVIDIA Chip Acquisition Strategy

XAI demonstrates that the law of scale still works.
Elon Musk’s proactive acquisition of NVIDIA chips by leveraging his connections with Trump and Jensen Huang is notable.
The rapid expansion of the AI cluster from 20,000 to 100,000 and then to 200,000 NVIDIA H200 chips is impressive.
This reaffirms that securing high-performance chips is essential for AI performance and data training.

2. The Fierce AI Investment Race Between the US and China

China has made a massive investment of $46 billion in the AI field with the return of Chairman Jack Ma.
Chinese big tech companies such as Alibaba, Tencent, and Baidu are also actively investing in AI.
The investment growth rate of Chinese cloud companies compared to the previous year reaches 250%, which has a significant impact on the global economy as a whole.
This is comparable to the $8 billion invested by Microsoft in the United States, showing that we are at the heart of global technology competition.

3. AI Learning and Computing Power – A Two-Sided Game of Data and Chips

High-performance computing power and abundant big data are essential for the development of AI models.
The United States has an advantage in computing power through NVIDIA chips.
On the other hand, China has strengths in AI learning by utilizing vast amounts of data.
Multimodal AI learning, that is, learning not only language but also sensory data, is emerging as a key to achieving AGI (Artificial General Intelligence).

4. Global Economic Outlook – The Future Brought by AI Technology Competition

The situation where the United States and China are investing all resources and manpower in AI and semiconductor technology competition has a great impact on the global economy.
Fierce investment competition and research and development are taking place with the ambitious goal of achieving AGI within four years.
NVIDIA chips, high-performance cluster construction, and AI investment competition are expected to be important variables in the future global technology and economic outlook.
These technology investments and competition structures provide us with many implications, focusing on key SEO keywords such as economy, global, outlook, AI, and investment.

From XAI’s NVIDIA chip acquisition strategy to the AI investment competition between the US and China, the importance of securing computing power for AI learning is emphasized.
The United States stands out with high-performance chips, while China shows strength in AI learning through massive big data, fiercely competing with the goal of achieving AGI within four years.
This global technology competition structure has a significant impact on the economic market as a whole, and we can estimate future prospects through AI investment trends.

*YouTube Source: [이효석아카데미]

– [월간아신] 일론 머스크와 샘 알트만의 AI 전쟁에 소비자는 그저 즐거울 뿐입니다 [3부]

● Contagion-Real Estate Risk Sparks Financial Instability?

Latest Analysis of Real Estate PF, Financial Insolvency, and Construction Company Delinquency Rates

1. Trends in Real Estate PF Loan Balance and Delinquency Rate

According to financial data, the outstanding balance of real estate PF loans peaked in 2023, and it has decreased somewhat in 2024.
The decrease in balance can be seen as a restructuring effect, but the delinquency rate increased from 2.7% to 3.42% during the same period.
The surge in the delinquency rate implies a weakening of the repayment ability of insolvent business sites.
In particular, the beginning of 2024 and the end of 2023 are interpreted as the peak of risk.
From this point on, financial institutions and the government began managing the risks of insolvent construction companies and loan recipients.

2. Land-Collateralized Loans and Unsold Housing Situation

The balance of land-collateralized loans decreases quarterly, which is reassuring, but the delinquency rate actually increased in the fourth quarter of 2024.
As the number of unsold houses, especially malicious unsold houses after completion, increases rapidly, construction companies are experiencing difficulties in repaying housing loans.
As a result, there are growing concerns that real estate PF loans will lead to financial insolvency.

3. Risk Transfer of Insolvency in the Construction Industry and Financial Institutions

As a result of analyzing the difference in delinquency rates between large and small construction companies, loans from small construction companies are concentrated in non-bank financial institutions.
By region, the risk of insolvency is greater in the five major metropolitan cities and eight cities outside the Seoul metropolitan area due to falling sales prices and accumulated unsold properties.
Financial institutions are closely managing their exposure to construction companies with high-risk PF business sites, and the possibility of the risk of insolvency transferring to an overall financial crisis is low, but caution is required.

4. Diagnosis of Saemaeul Geumgo’s Insolvency and Response Strategies

Although the delinquency rate of Saemaeul Geumgo increased from 2023 to 2024, the net capital ratio is maintained above the minimum regulatory ratio.
The ability to absorb losses has been strengthened through the establishment of loan loss reserves, and as a result, short-term net profit has decreased, but the actual risk of financial insolvency has already passed its peak and is stabilizing downwards.
Financial authorities are actively managing insolvent construction companies and loan recipients.

5. Comprehensive Diagnosis and Response Plan for Individual Investors

Overall, financial insolvency and real estate PF insolvency problems exist, but financial institutions and the government are taking active risk management measures.
Caution is needed in areas where construction companies and non-bank loans are concentrated, but the possibility of transferring to a systemic financial crisis is low.
Therefore, individual investors (or savers) should carefully check the financial institution’s responsiveness and asset soundness indicators before making their investment or savings decisions.

Summary

As a result of financial data-based analysis, after the peak of real estate PF loan balance in 2023, the balance decreased in 2024, but concerns about the risk of insolvency increased due to the increase in the delinquency rate.
The phenomenon of accumulating malicious land-collateralized loans and unsold houses and the concentration of loans from small construction companies and non-bank financial institutions make regional risks different.
Saemaeul Geumgo is actively responding by establishing loan loss reserves, so the possibility of financial insolvency transferring to an overall financial crisis is low.
This article focuses on the latest data and response strategies related to financial insolvency, real estate PF, delinquency rates, Saemaeul Geumgo, and construction companies.

*YouTube Source: [경제 읽어주는 남자(김광석TV)]

– 부동산 리스크발 금융부실, 금융위기로 전이될까? 새마을금고·부동산PF의 숨겨진 진실 | 클로즈업 – 금융 부실 1편

● Vetoed, Economy-Worrying?

Controversy over Recent Amendments to the Commercial Act and the Necessity of Revising the Capital Market Act – Examining the Future of Shareholder Protection and Corporate Governance

1. The Beginning of the Controversy: Proposed Amendments to the Commercial Act and Their Background

Recent discussions on amendments to the Commercial Act have ignited.
There are voices opposing the entire Commercial Act, citing concerns of collusion with speculators and stock price manipulation.
Criticism has been raised that the amendments, which were discussed in the National Assembly for over a year, were passed in a short period without sufficient review and consultation.
The importance of this issue is highlighted, as it could affect 14 million stock investors and 28 million economically active individuals.
In this process, the acting authority of Prime Minister Han Duck-soo’s veto and the disclosure of documents by the acting president have emerged as hot topics.

2. Government Veto and the Second Request Right – Core Issues

Prime Minister Han Duck-soo (acting authority) used the veto that the President can exercise on the Commercial Act amendment on April 1.
Through the disclosure of the original document, the government claims to protect shareholder interests, but the lack of sufficient consultation and review is a problem.
The government’s position aims to protect shareholders and improve the corporate environment through revisions to the Capital Market Act, but the opacity of the process is a major concern.
Along with this, there is ongoing debate over how the existing shareholder protection system and the approach centered on prior regulations will affect actual economic development.

3. Capital Market Act Amendment – Alternatives and Limitations

It suggests regulating in detail within the Capital Market Act rather than amending the Commercial Act to protect shareholder interests.
For example, measures such as preferentially allocating existing shareholders in the event of a spin-off, and comprehensively considering asset and profit values when calculating merger prices are mentioned.
However, there is a concern that loopholes will arise, making it difficult to find a balance between the uncertainty of corporate governance and the protection of minority shareholders.
Ultimately, it reaffirms the principle that neither the majority shareholder nor the minority shareholders should be excessively biased when conflicts of interest arise between them.

4. Corporate Governance and Shareholder Capitalism – Clash of Realities

The sovereignty of a Korean corporation basically rests with the shareholders.
However, in reality, the management system centered on the major shareholders often ignores the opinions of minority shareholders or leads to legal contradictions, which is a serious problem.
This problem is revealed not only in the controversy over the amendment of the Commercial Act, but also through internal problems of chaebol affiliates such as the Hanwha capital increase.
Improving the shareholder representative system and protecting the rights of minority shareholders are essential for corporate governance transparency and efficiency.

5. Global Economic Outlook and Future Economic Policy Directions

This controversy is not just a matter of legal amendment, but is directly related to domestic and foreign investment environments and the global economic outlook.
Combining major SEO keywords such as stock investment market, Capital Market Act, economic policy, and corporate governance, a stable investment environment and transparent corporate governance structure are essential.
If cooperation between the government, companies, and stakeholders is strengthened, the global economic outlook can also turn positive.
In the future, more meticulous and systematic legal systems must be established between the balance of prior regulations and ex post responsibility systems, and between shareholder protection and corporate governance efficiency.

The government’s veto is causing heated controversy as the recent amendment to the Commercial Act was passed without sufficient review.
By presenting the Capital Market Act amendment as an alternative, voices are growing to balance shareholder protection and corporate governance.
Concerns are raised about the conflict of interest between majority and minority shareholders, the lack of transparency in internal corporate governance structures, and the possibility of negatively impacting the global economic outlook.
Considering major issues such as economic policy and the stock investment market comprehensively, it is necessary to create a stable investment environment in the future.
This case is re-examined through the keywords of global economic outlook, stock investment, Capital Market Act, economic policy, and corporate governance.

[Related Articles…]
Commercial Act Amendment Controversy

Necessity of Revising the Capital Market Act

*YouTube Source: [와이스트릿 – 지식과 자산의 복리효과]

– 끝내 상법 개정안 거부권 써버린 한덕수 권한대행…이게 정말 국민경제를 걱정해서인가? 상법개정안 재의요구권에 관하여 / [야식잡썰 EP.212] / 이대호 기자