Movement Alert｜Brookfield Corp Intraday Rise 3.03% in Regular Trading, South Korea AI Chip Financing Project Advances

Market Focus11-02 22:54

On November 2, Brookfield Corp rose 3.03% in Regular Trading, trading at $40.56/share, with turnover of $12.07 million.

The move coincided with a report that Brookfield selected KB Kookmin Bank as lead arranger for a syndicated loan of about 10.7 trillion won to support the acquisition of AI chips for use by Naver.

The reported financing is tied to a 12.6 trillion won project, with the AI chips to be leased to Naver Cloud. The development points to further execution in Brookfield’s digital infrastructure and AI-related investment activities, an area the market has been watching closely ahead of the company’s November 12 earnings release.

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