"Goes to 10,000" vs "6,500 is also open"... KOSPI Outlook from 5 Major Research Center Heads

Summary

Park Se-ik reviews news on Intel's Korean talent hires, skepticism about Mars colonization, tighter delisting rules for penny stocks, AI privacy concerns, KOSPI forecasts from major research heads, and NAVER's rising search share. He offers two investable ideas: a bullish call on Korean construction stocks for Middle East reconstruction and a positive reassessment of NAVER as its search dominance grows despite AI competition.

• Intel hires former SK hynix and Samsung executives to revive its foundry business, raising competitive pressure on Samsung.
• A new book argues Mars colonization is far more dangerous and impractical than portrayed by tech billionaires.
• Tougher delisting rules for sub-1,000 won stocks take effect soon, contributing to small-cap weakness.
• AI chatbots raise serious privacy issues, with user conversations being exposed and used in legal cases.
• Five major research center heads forecast KOSPI could reach 10,000–12,000, but also warn of downside to 6,500.
• NAVER's search market share climbed to 66% after AI tab launch, countering fears that AI would destroy its portal business.
• Park Se-ik suggests Middle East-exposed Korean construction firms could rally on reconstruction demand.
• He notes the NAVER data refutes the AI bear thesis, implying a bullish reversal for the stock.