Lana

And scarred by previous boom and bust cycles, they're keeping supply relatively tight rather than rushing to flood the market.

No wonder investors have piled into firms like SK Hynix, Micron, and SanDisk, even as they've become disillusioned with some big tech names.

South Korea's rally comes with a catch.

Many of the market's biggest winners, including memory chip makers, depend heavily on exports to the U.S., leaving them exposed whenever trade tensions flare up.

And this week's talk of raising tariffs on South Korean imports to 25% was a case in point.

Even though chips are mostly exempt for now, the headlines still rattled Korean stocks.

And they won before dip buyers did their thing.

That's it for today.

I'm Lana.

I'll see you tomorrow.

Hey, I'm Lana with your Daily Brief for Saturday, January 24th.

Coming up... Elon Musk had a busy week, promising robots, deploying unmanned cars, and taking OpenAI to the cleaners.

And a European defense company pulled off a record-breaking initial public offering.

We'll also check in with Carl to get his answers to your burning questions.

More on the way, but first, a word from Guy at Finimize HQ.

On Thursday, Tesla started rolling out unsupervised robotaxis in Texas, turning something that's been promised for years into actual reality.

The same day, Musk put a more concrete date on Tesla's Optimus robot rollout, saying that the humanoids should be on sale to the public by the end of 2027.

Musk is also reportedly lining up a $1.5 trillion initial public offering for SpaceX in what would be one of the biggest stock debuts ever, delivering a huge payout on his roughly 40% stake.

And on top of all that, Musk is seeking up to $134 billion in damages from OpenAI and Microsoft, accusing them of betraying the ChatGPT creator's original mission.

Over the last decade, freely flowing private money has let startups stay private for longer.