Jane Zhang

TradingKey - In early Asian trading on Friday, May 29, Japanese and South Korean stock markets both opened higher. As of press time, the Nikkei 225 Index once again broke above the 66,000 level, hitting an intraday high of 66,036.50 and poised to set a new record. South Korea's Kospi Index surpassed 8,400 points, reaching an intraday high of 8,424.53, just shy of its all-time record of 8,457.09.

TradingKey — Reports suggest that Elon Musk’s self-developed chip project, Terafab, is gaining momentum. Christophe Fouquet, CEO of lithography manufacturer ASML, stated this week that he has held direct talks with Musk regarding the initiative, adding that Musk is "very serious" about it. According to the latest industry survey by renowned analyst Ming-Chi Kuo, this unprecedented project faces at least three major challenges: excessive scope, a tight timeline, and a shortage of human resources. These pressures are expected to result in equipment procurement premiums, missed windows for technical R&D, and increased coordination complexity due to the simultaneous development of multiple process nodes. Amid these compounding pressures, Kuo contends that actual execution capability will be the ultimate determinant of the project's success.

TradingKey - On May 27, Bloomberg reported that copper trading activity has intensified as market expectations rise regarding potential tariffs on copper under a Trump administration, prompting traders to ship copper inventories to the U.S. Currently, near-month COMEX copper futures prices have been pushed to a premium of over $500 per ton compared to LME spot prices, marking the first time this level has been surpassed since last autumn.

TradingKey - During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold futures for August delivery dropping to $4,431 on May 27.

TradingKey - On Wednesday (May 27), the Samsung strike saga finally concluded as the labor union ratified a wage agreement with a 73.7% approval rate. As this turmoil unfolded in Seoul, its competitor Micron (MU) reported positive developments: its stock closed up 19% on Tuesday, reflecting extreme bullishness in the market. In recent interviews, Micron management stated that the company is accelerating its global plant construction plans, with new capacity expected to come online successively starting in 2027, enhancing the visibility of its future growth potential. Has the Samsung strike quietly reshaped the global landscape of the memory industry? Is Micron poised to surpass Samsung in the future?

TradingKey - This Tuesday, Quantinuum, a quantum computing subsidiary of Honeywell (HON), officially filed its IPO pricing terms with the U.S. SEC. The company plans to list on the Nasdaq under the ticker symbol "QNT."

TradingKey - On Tuesday ET, the US chip sector surged collectively. Micron (MU) closed up 19.29%, reaching a new all-time high and driving its market capitalization above $1 trillion for the first time.

TradingKey - Investors are preparing for Anthropic's IPO and have started to think through the next phase of the development of traditional software. Since early 2026, many Software-as-a-Service (SaaS) providers have seen investors become increasingly less optimistic; will Anthropic and other AI cap

TradingKey - U.S. Secretary of State Marco Rubio stated on Tuesday that negotiations with Iran may take "several more days" to finalize, once again dashing market expectations for an end to the conflict. Just a day earlier, he had confidently suggested that an agreement to end the war with Iran could be reached "today." At this critical juncture in the negotiations, escalating hostilities have intensified external doubts over the prospects of peace talks: Can a ceasefire agreement be successfully reached? Will oil prices face renewed volatility?

TradingKey - COMPUTEX 2026 (Taipei International Computer Show) is set to take place from June 2 to June 5 under the theme "AI Together," with AI chip giants NVIDIA (NVDA), AMD, and Intel (INTC) all in attendance. What signals will the simultaneous visit of these three industry leaders to Taiwan sen

TradingKey - On Tuesday, May 26, South Korea’s KOSPI index opened above the 8,000-point mark, rising more than 3% to hit a record high. The Nikkei 225 opened up 0.23% at 65,305.16 points before subsequently turning lower.

TradingKey - The labor dispute at Samsung Electronics may be nearing an end. As of Monday morning, voter turnout for Samsung's largest union has exceeded 86%. The voting is scheduled to close at 10:00 AM on Wednesday and follows a simple majority rule: the tentative agreement will be finalized if more than half of eligible voters participate and a majority approve. Given that approximately 80% of the union’s eligible voters are from the semiconductor division—the primary beneficiaries of the deal—the proposal is widely expected to pass.

TradingKey - During early Asian trading on May 25, the Nikkei 225 Index surpassed the 65,000 mark for the first time. The index rose 2.8%, consecutively breaking through the key price levels of 64,000 and 65,000 within the day, and reaching an intraday high of 65,170.

TradingKey — According to reports from media outlets including The Information, OpenAI is preparing to confidentially file a draft IPO registration with the SEC, with plans to go public as early as September this year. Targeting a valuation exceeding $1 trillion, it is poised to become the largest AI industry IPO to date. OpenAI is currently working with Goldman Sachs (GS), Morgan Stanley, and law firm Cooley to advance the listing process.

TradingKey - On May 21 ET, the Trump administration announced an investment plan for the quantum computing sector, allocating over $2 billion in federal funds to nine quantum computing companies. In exchange, the government will receive minority non-controlling equity stakes in the funded enterprise

TradingKey - Bloomberg, citing several people familiar with the matter, reported that Elon Musk’s SpaceX is expected to advance its acquisition of AI startup Cursor 30 days after completing its IPO and official listing, with the deal potentially closing as early as July this year. Why would SpaceX,

TradingKey - During the pre-market session on Friday, May 22 (ET), the three major U.S. stock index futures rose, while European index futures also climbed. Asian stocks moved higher for a second consecutive day. South Korean stocks closed slightly higher, and the Nikkei 225 surged 2.68%, primarily driven by an 11% gain in heavyweight SoftBank Group.

TradingKey - On Thursday, May 21, Samsung announced that management and labor have reached a preliminary agreement, including a provision for management to allocate 10.5% of company performance toward an uncapped bonus pool. Samsung Electronics stated that it will suspend the strike originally scheduled for May 21 to June 7. However, this preliminary agreement has faced opposition from shareholder groups, who claim the deal is legally invalid as it was finalized without a resolution from the general meeting of shareholders.

TradingKey - Pre-market on Thursday, May 21 (ET), the three major U.S. stock index futures declined. Oil prices edged higher, with WTI crude rising to near $100 and Brent crude climbing to $107, ending a two-day losing streak.

TradingKey - Although the SpaceX (SPCX) IPO is not yet complete, retail investors have already flocked to the market. On May 17, perpetual exchange Trade.xyz launched SpaceX pre-IPO perpetual contracts on the Hyperliquid blockchain. These contracts track SpaceX's implied valuation, allowing investor