TradingKey

Bitcoin surged toward $72,000, driving a broad rally in crypto-related stocks, with Strategy extending its gains by 10%.

TradingKey - Google is accelerating the expansion of its custom AI chip footprint, with Marvell (MRVL) becoming the latest beneficiary. On August 19, Marvell's stock surged more than 13% intraday and ultimately closed up 9.85%.

TradingKey - According to the latest supply chain reports, TSMC (TSM) has completed the development and verification of its 1.6nm-class A16 process, targeting the launch of mass production in the fourth quarter of 2026. This timeline is largely consistent with TSMC's previous official statement that "A16 will enter mass production in the second half of 2026," signaling that following 2nm, the company's next-generation advanced process technology is accelerating toward commercialization.

Bitcoin surged 11% in a single day, rising above $71,000 and reaching a more than two-month high.

If the ETH price breaks above and stabilizes at $2,300, it would signal a reversal of the current downtrend and significantly boost bullish market sentiment. The next resistance level lies at $2,800, representing approximately 22% upside from current levels.

TradingKey - On August 20, Eastern Time, SK Hynix (SKHY), in collaboration with the University of Virginia, the Massachusetts Institute of Technology (MIT), and several other institutions, published a paper in the premier international journal *Nature Electronics*, systematically disclosing its Co-Packaged Optics (CPO) technology roadmap for the first time. Driven by the dual catalysts of the CPO roadmap release and a 40 trillion KRW (approximately $28.6 billion) share buyback plan, SK Hynix shares closed up 12.73% for the day at 1.691 million KRW.

TradingKey - As of the Asian session on August 20, gold prices (XAUUSD) rallied again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12. Although prices pulled back intraday and are currently hovering around $4,490, technical analysis indicates a significant improvement in the short-term bullish structure, suggesting that gold prices still have upside potential in the near term.

TradingKey - On August 20, South Korea's KOSPI Index closed up 5.89% at 6,852.58 points. During the session, the Korea Exchange activated a Sidecar mechanism, halting program buy orders for the KOSPI. Meanwhile, the Nikkei 225 Index (JPN225) rose 1.36% to close at 66,216.79 points.

Bitcoin briefly touched $70,000 but failed to stabilize above the threshold, making a pullback to retest $67,000 possible before launching a new rally. The next major resistance level lies near $82,000, approximately 17% above current levels.

TradingKey - SK Hynix shares surged on Thursday, gaining nearly 13% intraday after the company announced a 40 trillion won (approximately $29 billion) share buyback and cancellation plan. JPMorgan (JPM) further noted that following the announcement of this massive share repurchase program, SK Hynix could return at least $130 billion to shareholders by next year.

TradingKey - During the Asian session on August 20, market sources reported that Samsung Electronics plans to finalize and announce a shareholder return plan exceeding 100 trillion won (approximately $71.9 billion) after holding its board meeting this month.

TradingKey - Marvell stock rose after Google signed a custom AI chip agreement offering up to $120 billion in conditional revenue. Q2 earnings arrive August 27.

TradingKey - The cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its largest single-day gain since March. Meanwhile, Ethereum (ETHUSD) briefly surpassed $2,300 and is currentl

TradingKey - During the Asian trading session on August 20, the Nikkei 225 Index extended the overnight rebound sentiment from US equities. As of writing, the Nikkei 225 Index rose 1% to 65,982.27 points, snapping a two-day sharp decline. The TOPIX Index climbed in tandem by 0.9% to 4,048.71 points. Sentiment in the Tokyo market was buoyed by the US Department of the Treasury's announcement on the previous day to expand the buyback limit on long-term bonds.

TradingKey - Merck stock surged after its personalized mRNA cancer therapy met both Phase 3 melanoma endpoints. Strong Q2 sales and pipeline growth support MRK’s outlook.

TradingKey - Most people read the futures curve the way they'd read a stock chart — and that's exactly the mental trap that trips them up.

TradingKey - The U.S. Treasury Department announced market intervention measures, and the three major U.S. stock indices reversed their three-day losing streak to close higher across the board.

TradingKey - On August 20, Japanese and South Korean stock markets rebounded noticeably in early trading, supported by an overnight rally in US equities. The South Korean KOSPI index opened 3.2% higher at 6,680.34 points before extending gains to 3.71% at 6,711.14 points. Japan's Nikkei 225 index (J

The U.S. Department of the Treasury announced an increase in long-term bond buyback operations, sending bond yields lower and driving stock prices up. All three major stock indices gained, while AI hardware stocks extended their losses, led by declines in memory stocks. At the close, the Dow Jones Industrial Average rose 0.22% to 53,463.05; the Nasdaq Composite Index gained 0.16% to 26,331.09; and the S&P 500 Index rose 0.21% to 7,707.98.

In July 2026, Nvidia maintained its position as the world's most valuable company with a market capitalization of $4.86 trillion. Apple, Alphabet, and Microsoft followed closely behind, with all top five companies driven by AI-related businesses and cloud computing. However, capital did not continue to flow unilaterally into chip stocks in July: the PHLX Semiconductor Index (SOX) dropped 20.61% in a single month, putting upstream names such as TSMC, SK Hynix, and Micron under visible pressure. This demonstrates that the market is shifting from "AI investment expansion" to scrutinizing returns on capital expenditure and the sustainability of supply chain profitability.