Chamath Palihapitiya · 2 August 2026 · Industry Analysis

The Leverage Inside Korea’s Memory Trade

Chamath Palihapitiya, GP @ Social Capital

South Korea's memory chip sector faces leverage-driven volatility after circuit-breaker crashes in the KOSPI; meanwhile, AI governance fractures between open-weight and closed-model advocates, and a $45B AI hedge fund faces margin calls amid the broader selloff.

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Topics: Semiconductors · AI (Horizontal) · Venture Capital & Startups

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