AI Chips & Memory Race: Samsung and Nvidia are in “substantial discussions” on next-gen foundry cooperation tied to HBM4E/HBM5 and autonomous-driving accelerators, while SK hynix and others keep pushing AI memory scale. Semiconductor Ecosystem: CEA‑Leti and GlobalFoundries reaffirm FD‑SOI progress in Europe’s FAMES pilot line, underscoring the region’s push for energy-efficient, sovereign chips. Market Mood (Korea-linked): Asian stocks surged after a US-Iran interim peace framework raised hopes for Strait of Hormuz reopening; Seoul’s Kospi jumped above 8,500 as oil slid and risk appetite returned. Energy & Shipping Risk: Multiple reports stress the “relief valve” effect—Hormuz reopening helps, but demining, insurance, and production restart could take months. Labor & Telecom: South Korea’s “Yellow Envelope Law” is applied for the first time in telecom: LG Uplus ordered to bargain with a subcontractor union. Defense Industry Debate: A critique warns South Korea’s nuclear submarine roadmap could drain budgets and talent from export-focused defense priorities. Energy Cooperation: South Korea and Saudi Arabia sign a new MoU to deepen energy ties. Global Tech Policy: The G7 in France puts AI safety and digital rules on the agenda, with South Korea among invited partners.