[Market Focus] Taewoong Rises on U.S. Nuclear Power Momentum, Anticipates Increased SMR Forged Product Sales

The stock price of Taewoong, a company specializing in the forging industry, is showing strong performance. This appears to be driven by positive sentiment following remarks from Jensen Huang, CEO of Nvidia, who emphasized that the key to artificial intelligence (AI) growth is power, and that nuclear power is necessary to meet this demand. Taewoong has been supplying essential forged components for nuclear power generation.

As of 10:07 a.m. on December 5, 2025, Taewoong’s stock price stood at 25,800 won, up 5.31% from the previous day. Interest in Taewoong seems to have increased as the nuclear power industry gained attention following CEO Jensen Huang’s comments.

On December 4 (local time), CEO Jensen Huang stressed, "The key to AI growth is power, and the most important energy source for supplying power reliably is nuclear." Following his remarks, stocks related to small modular reactors (SMRs) and nuclear power engineering, procurement, and construction (EPC) surged across the U.S. stock market.

Taewoong has built up forging technology over the past 50 years, supplying main shafts for wind turbines, turbine and nuclear main equipment components, and propulsion shafts and machinery parts for shipbuilding. The company’s Busan plant houses one of the world’s largest 13,000-ton presses, enabling it to forge core materials for SMR main equipment. Expectations that Taewoong could benefit from increased demand for forged products-such as pressure vessels, turbine shafts, and flanges, which are key components of SMR facilities-appear to have driven the stock price higher.

This content was produced with the assistance of AI translation services.