WS #12686

The dominant signal in this window is the massive AI infrastructure partnership between NVIDIA and SK Group, valued at over $500 billion, which directly impacts NVDA and related memory stocks. This is corroborated by multiple sources including a Bloomberg-style report, a GlobeNewswire release, and a Korean news outlet. The partnership spans AI factory construction (up to 2 gigawatts) and next-generation memory supply, including HBM. Separately, Houthi missile strikes on Saudi Aramco infrastructure in Jizan are confirmed by multiple independent sources, with reports of a large fire at an Aramco refinery. This escalates the Iran conflict and supports oil prices. The Paramount-WBD merger delay is confirmed by CNN, with shares slumping on the news. The narrative arc on AI infrastructure is ESCALATING, while the Iran conflict remains STABLE but elevated.