Jay Qian

TradingKey - On July 6, Eastern Time, U.S. stock index futures rose collectively in pre-market trading, led by the technology sector. As of press time, Nasdaq 100 Index futures rose 1.04%, S&P 500 Index futures rose 0.46%, and Dow Jones Industrial Average futures rose 0.06%.

TradingKey - SK Hynix officially confirmed on July 6 that it will raise 43 trillion KRW (approximately $28.075 billion) through a U.S. Depositary Receipt (ADR) listing. The company expects to begin trading on the Nasdaq Global Select Market on Friday, July 10, under the ticker symbol "SKHY." This offering is poised to become the largest-ever initial public fundraising by a foreign company in the U.S. stock market.

TradingKey - During the Asian trading session on July 6, Ahn Cheol-soo, a lawmaker from the People Power Party and former presidential candidate, posted publicly on social media, referring to the Korea Composite Stock Price Index (KOSPI) as a "casino" and calling for strong measures, including delisting, against leveraged ETFs that track Samsung Electronics and SK Hynix.

TradingKey - In the 2026 AI sector, the most wild valuation stories come not only from Anthropic and OpenAI, but also from Reflection AI, an open-source AI startup founded just two years ago.

TradingKey - On June 29, 2026, Seoul time, South Korean President Lee Jae-myung stood at the podium of the Blue House press conference, seated alongside Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won. This press conference, themed "National Report on the Three Super Projects for the Great Leap Forward of the Republic of Korea," ultimately turned into an "arms race" display between the two semiconductor giants.

TradingKey - On July 3, Eastern Time, according to industry sources, Meta is in talks with Samsung over a custom AI chip foundry order worth over 10 trillion won. The plan is to mass-produce hundreds of thousands of units of its self-developed AI accelerator, the MTIA, using a 2-nanometer process, covering two generations of products: MTIA 450 and MTIA 500. The first two generations of MTIA chips were manufactured by TSMC. The shift to Samsung this time is driven by reasons beyond just capacity constraints.

TradingKey - On July 3, Seoul time, South Korean Deputy Prime Minister and Minister of Economy and Finance, Koo Yun-cheol, announced that the South Korean government will promote major enterprises to invest over 312 trillion won (approximately $204 billion) in the southeastern Yeongnam region, focusing on the development of advanced industries such as semiconductors, artificial intelligence, and aerospace. On the same day, the Korea Aerospace Administration (KASA) also announced its national space strategy in Jinju: to establish a low-Earth orbit satellite communication network consisting of hundreds of satellites by 2035, and to achieve a moon landing by 2030.

TradingKey - During the Asian trading session on July 3, South Korean stocks surged, with Samsung Electronics shares jumping over 8%. On the news front, two rumors regarding AI chip foundry cooperation are circulating simultaneously: Meta Platforms (META) is reportedly considering outsourcing the production of custom AI chips valued at over 10 trillion won to Samsung; Anthropic is also reportedly in talks with Samsung regarding foundry services for its self-developed chips. For Samsung’s foundry division, this may be a turnaround opportunity they have been waiting four years for.

TradingKey - During the Asian trading session on July 3, the South Korean stock market staged a major rebound after falling nearly 10% over the previous two trading days. As of the close, the South Korean KOSPI Index surged 5.76% to end at 8,088.33 points; Samsung Electronics closed up 8.22%, and SK Hynix closed up 10.88%. Behind the stock price rebound were two pieces of industry news: rising chip prices and falling substrate prices. Between these price increases and cost reductions, the memory giants fully demonstrated their pricing power across the upstream and downstream supply chain.

TradingKey - During the Asian trading session on July 3, global memory chip giant Kioxia announced that it has officially begun sampling its 10th-generation BiCS FLASH 3D flash memory products to customers. Featuring a 332-layer stacked architecture, this 1Tb TLC chip directly targets the explosive demand for high-capacity, low-power storage in AI data centers, marking a new phase in the "memory war" surrounding AI infrastructure.

TradingKey - On July 2, Eastern Time, Panos Panay, head of Amazon's (AMZN) Devices & Services division, publicly detailed the company's strategic roadmap for in-house chips in its proprietary hardware for the first time during an exclusive interview on CNBC's "The Tech Download" podcast.

TradingKey - On July 2, Eastern Time, SoftBank Group and its telecommunications subsidiary SoftBank Corp. jointly announced the establishment of a joint venture, SB Neo Inc., in Delaware, USA, this month, marking their official entry into the US "neocloud" market. SoftBank Corp. will hold a 51% stake in the new company, with SoftBank Group holding the remaining 49%.

TradingKey - On July 2, Eastern Time, in pre-market trading, the three major US stock index futures showed mixed performance. As of press time, Dow Jones Industrial Average futures rose 0.18%, S&P 500 Index futures fell 0.01%, and Nasdaq 100 Index futures declined 0.28%.

TradingKey - On July 2, during Asian trading hours, Nikkei Asia reported that Apple (AAPL) plans to launch at least five new iPhone models between the second half of 2026 and the first half of 2027, marking the company's most aggressive product launch pace in recent years. Against the backdrop of ongoing global smartphone component shortages, Apple is seeking to expand its market share by leveraging its stronger supply chain control.

TradingKey - On July 2 Eastern Time, OpenAI is in discussions with the US government regarding a plan to sell a 5% stake, according to a report by the Financial Times. The artificial intelligence startup, valued at $852 billion, is seeking to clear political and regulatory hurdles by securing support from the Trump administration.

TradingKey - On July 1, Eastern Time, Meta Platforms (META) saw its share price surge shortly after the market opened, rising over 8% to log its largest intraday gain in nearly two months. As of press time, Meta was up 7.74% at $606.88. [Source: Futu] On the news front, according to media reports, Meta is building a cloud business and plans to lease out its surplus AI computing power and model access.

TradingKey - Data released by Automated Data Processing (ADP) on Wednesday showed that US private sector employment increased by 98,000 in June, lower than the market expectation of 118,000, down from the previous value of 122,000. This marks the lowest increase since March this year.

TradingKey - On July 1, Eastern Time, the three major US stock index futures fell collectively in pre-market trading. As of press time, Dow Jones Industrial Average futures fell 0.24%, S&P 500 Index futures fell 0.17%, and Nasdaq 100 Index futures fell 0.39%. Overall market sentiment was weak, with the semiconductor and memory sectors acting as the main drag on the broader market.

TradingKey — During the Asian trading session on July 1, SoftBank announced that it had completed an additional $10 billion investment in OpenAI through its Vision Fund 2. This marks the second installment of its previously announced $30 billion follow-on investment plan. According to the plan, the final investment of $10 billion is scheduled to be completed on October 1.

TradingKey - On June 30, Eastern Time, the U.S. Office of Government Ethics released President Trump's annual financial disclosure report for 2025. The 927-page document is nearly four times the length of the previous year's 234-page report.