NVDA ▼ -1.6% - NVIDIA Corporation South Korean Finance Minister Lee Hyoung-il expects the semiconductor boom to continue at least through 2027, saying demand still far exceeds supply despite expanding production capacity. * Market sell-off: Chip stocks, including Nvidia ($NVDA) and SK Hynix, fell sharply this week amid concerns over higher interest rates and growing Chinese competition. * Supply outlook: A South Korean newspaper column cited experts warning that increased chip production could create a memory supply glut by 2029. * Economic impact: Lee said South Korea's heavy reliance on semiconductors amplifies stock market volatility, but strong chip demand is boosting tax revenue and strengthening government finances 18-OCT-2026 09:31 AM ET