AI Is Ruining Software Companies... Private Equity Also Hit... SpaceX Acquires xAI, Runs AI Data Centers in Space | Kwon Soon-woo, 3PRO TV News Team Lead

AI가 소프트웨어 기업 망하게 한다…사모펀드도 큰 타격..스페이스X, xAI 인수 우주에서 AI 데이터센터 돌린다 | 권순우 삼프로TV 취재팀장 [뉴스3]
Watch on YouTube ↗  |  February 03, 2026 at 23:24  |  35:32  |  3PRO TV (삼프로TV)
Speakers
Kwon Soon-woo — Reporting Team Lead, 3PRO TV
Jung Young-jin — Reporter, The Korea Economic Daily

Summary

This 3PRO TV morning news segment with Kwon Soon-woo focuses on AI disruption in software, private-capital exposure to AI/software risk, the OpenAI-NVIDIA relationship, and the SpaceX-xAI merger's orbital AI data-center plan. It also covers JP Morgan's raised KOSPI bull-case target of 7,500 and its preferred Korean sectors. The hosts add a bullish Korea valuation argument, while the segment remains largely news analysis rather than direct trade recommendations.

  • AI agents are seen threatening traditional software and app-based business models, pressuring software stocks and private software investors.
  • Private equity and private credit firms exposed to software/AI are identified as a financial-stability risk.
  • OpenAI's reported interest in non-NVIDIA AI chips and uncertainty over NVIDIA's investment highlight circular financing concerns.
  • SpaceX and xAI plan orbital AI data centers, making the space/AI theme a major market topic with high technical and cash-burn risk.
  • JP Morgan raised its KOSPI bull-case target to 7,500 and favors memory, financials, holdings, defense, shipbuilding, and power.
  • Hosts discuss Korea's diversified industrial base as deserving higher valuation and potential foreign inflows.
  • The segment is mostly news analysis and market implications rather than specific trade recommendations.
Ideas
Kwon Soon-woo Reporting Team Lead, 3PRO TV 2:46
AI agents make traditional software unnecessary.
AI agents such as Anthropic's Claude Cowork, Moltbook, and Google's Project Genie let users state outcomes directly, which could make traditional software UIs and apps unnecessary. This structural disruption is already pressuring software stocks and, by extension, investors exposed to the software market.
IGV HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 2:59
Private capital faces software AI write-down risk.
Heavy private equity and private credit exposure to software and AI creates financial-stability risk: if AI disrupts software or the AI bubble deflates, write-downs could cause a credit squeeze. Listed private-capital firms including Ares Management, Blue Owl Capital, Apollo Global Management, KKR, and Blackstone fell on this concern.
ARES OWL APO KKR BX MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 5:51
AI game engines threaten Unity.
Google's Project Genie and other AI game-development programs can take over functions previously handled by game engines, directly threatening Unity's core game-engine business; the stock fell about 24% in a day on that concern.
U MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 7:45
AI agents may disintermediate NAVER.
If AI agents understand natural-language requests and perform tasks directly, users may no longer need to tap through NAVER's search or app interface, making the Korean platform vulnerable to the same AI-driven software disruption.
035420.KS MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 9:14
OpenAI may reduce NVIDIA GPU dependence.
OpenAI is reportedly dissatisfied with NVIDIA GPUs for inference and agent workloads, plans to source about 10% of compute from other AI chips, and NVIDIA has not committed its $100B investment all at once. This raises concern that the circular NVIDIA-OpenAI GPU funding loop could weaken.
NVDA MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 13:34
SpaceX-xAI merger boosts space AI theme.
SpaceX and xAI are merging to build orbital AI data centers, with plans to launch satellites generating 100GW of compute per year and eventually 1TW, using continuous solar power in orbit to avoid the long terrestrial grid bottleneck. The expected SpaceX IPO and large cash burn make the space/AI theme a major market issue with high risk.
ESA MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 21:14
JPM sees KOSPI at 7,500.
JP Morgan raised its KOSPI bull-case target to 7,500, arguing all engines are firing: memory earnings estimates are rising faster than prices, the two largest semiconductor names dominate the index, foreign/institutional/retail investors are underweight Korea due to hedge fund long-short positioning and regulatory limits, and governance reform plus dividend separation taxation could drive inflows.
EWY HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 22:39
SK hynix target 1.5M won.
Under JP Morgan's bullish KOSPI scenario, SK hynix can rise from around 1M won to 1.5M won, roughly 45-50% upside, because memory prices and earnings estimates are rising faster than the share price.
000660.KS HIGH
Jung Young-jin Reporter, The Korea Economic Daily 24:19
Korea deserves higher equity valuation.
Korea has globally competitive semiconductors, shipbuilding, defense, power equipment, nuclear, cosmetics, and cultural exports, giving it a broader set of growth industries than many developed markets. That should justify higher valuation and eventual foreign inflows into Korean equities.
EWY MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 26:48
JPM favors Korean governance-reform sectors.
JP Morgan recommends Korean memory, financials, holding companies, defense, shipbuilding, and power as beneficiaries of coming shareholder-meeting activism, a possible third Commercial Act revision, dividend separation taxation, and broader governance reform.
Korean memory semiconductors Korean financials Korean holding companies Korean Defense Korean Shipbuilding Korean Power Equipment MED
Up Next
2:30:38
Trump RUINED Crypto..? + Market Updates & News | LIVE NOW
Thread Guy · Feb 03
43:43
FULL INTERVIEW: Dylan Patel Says We’re Still Underestimating AI
TBPN · Feb 03
6:57
The growth of private credit in ETF investing
CNBC · Feb 03
12:19
Fixed income will remain essential in portfolios this year, predicts BondBloxx's Joanna Gallegos
CNBC · Feb 03
4:36
Trump Wants $1 Billion From Harvard
Bloomberg Markets · Feb 03

This 3PRO TV (삼프로TV) video, published February 03, 2026, features Kwon Soon-woo, Jung Young-jin discussing IGV, ARES, OWL, APO, KKR, BX, U, 035420.KS, NVDA, ESA, EWY, 000660.KS, Korean memory semiconductors, Korean financials, Korean holding companies, Korean Defense, Korean Shipbuilding, Korean Power Equipment. 10 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kwon Soon-woo, Jung Young-jin  · Tickers: IGV, ARES, OWL, APO, KKR, BX, U, 035420.KS, NVDA, ESA, EWY, 000660.KS, Korean memory semiconductors, Korean financials, Korean holding companies, Korean Defense, Korean Shipbuilding, Korean Power Equipment