US allows chip-backed loans, China lowers lending rates…All-out effort to secure AI funds | Hanwha pursues acquisition of Austal USA, its second US shipyard…Up to 1.7 trillion won | Kwon Soon-woo, 3PRO TV Reporting Team Leader [News3]

Summary

Kwon Soon-woo discusses three major news: China's cheap lending for semiconductor firms and NVIDIA's GPU-backed financing to secure AI funds; Hanwha Group's push to acquire Austal USA and its increasing stake in Korea Aerospace Industries; and Korea's cosmetics export boom with Cosmax hitting record earnings.

• China extends below-policy-rate loans to chip firms and NVIDIA launches GPU-backed financing with Wall Street, highlighting global AI funding race.
• Hanwha Group pursues acquisition of Austal USA for a US defense shipbuilding foothold with $10B order backlog.
• Hanwha also raises stake in Korea Aerospace Industries to 15%, signaling acquisition intent and triggering merger review.
• Korean cosmetics exports surge 21%, overtaking France to rank second globally, with Cosmax posting record quarterly results.
• K-beauty brands expand into major US retailers Sephora and Ulta Beauty, boosting overseas distribution.