Jay Qian

TradingKey - On May 12, the Summary of Opinions from the Bank of Japan's April meeting, released on Monday, sent a clear tightening signal. However, the foreign exchange market delivered a contrary response; despite intensifying expectations for interest rate hikes, the yen weakened.

TradingKey - On May 12, Japanese chip stocks strengthened significantly, with Renesas Electronics rising 7.14%, Sumitomo Metal Mining gaining 5.61%, and SoftBank Group advancing 4.25%. The Nikkei 225 Index climbed more than 700 points at one point during the day.

TradingKey - U.S. stocks closed slightly higher on Monday, with the Dow Jones Industrial Average rising 0.19%, the S&P 500 Index gaining 0.19%, and the Nasdaq Composite Index advancing 0.10%.

TradingKey - On May 12, 2026, Uni-President Asset Management’s “Uni-President Active Upgrade 50” (00403A) will be officially listed. With a fundraising size reaching NT$80 billion, it has set a new historical record for Taiwan stock ETF fundraising.

TradingKey - During the Asian trading session on May 11, SK Hynix shares rose by more than 15% at one point, hitting an all-time intraday high of 1.949 million KRW, with its market capitalization surpassing $900 billion. The year-to-date cumulative gain is approximately 197.03%, with the share price nearly tripling.

TradingKey - During the Asian trading session on May 11, the Nikkei 225 Index opened at 63,203.44, hitting a new all-time high. Following a surge of more than 3,000 points last week, Japanese equities continued their strong momentum, with year-to-date gains now exceeding 22%, representing a standout performance among global stock markets.

TradingKey - Since the second quarter of 2026, prices across the Gallium Arsenide (GaAs) industry chain, from substrates to foundries, have undergone comprehensive upward adjustments, with some power amplifier prices rising by more than 10%. Industry analysts suggest that the explosive growth in demand for optical modules from AI data centers, coupled with global supply tightness of the critical metal gallium, are the fundamental drivers behind this round of price hikes.

TradingKey - On May 8, Eastern Time, U.S. President Trump's remark to "go buy a Dell (DELL) computer" caused shares of the core AI server supplier to jump more than 14% intraday. The stock closed up 13.11% at $260.46, hitting a record high. The stock has gained 23.93% this week and has more than doubled year-to-date, with an overall increase of 106.91%.

TradingKey - Since its listing on April 2, the Roundhill Memory ETF (DRAM) has surged 88% in just 25 trading days, with assets under management (AUM) surpassing $5 billion. This pace of growth is second only to the 24-day record set by the iShares Bitcoin Trust (IBIT).

TradingKey - Driven by the explosion in AI storage demand, Micron Technology (MU) shares have surged for five consecutive trading sessions since May 1, with a cumulative weekly gain of approximately 38%. The stock closed up over 15% at $746.81 this Friday, hitting a record high. Its market capitalization surpassed $840 billion, with daily turnover reaching $46.36 billion, ranking first in the U.S. stock market.

TradingKey - On May 6 (ET), optical component supplier Coherent Corp (COHR) reported fiscal third-quarter results that beat Wall Street estimates for both revenue and earnings per share (EPS). However, the stock plunged over 16% at one point during the following day's trading and ended the session down more than 7%.

TradingKey - On May 8, the assets under management (AUM) of the CSOP SK Hynix Daily (2x) Leveraged ETF surpassed the HK$40 billion mark, overtaking the long-dominant Direxion Daily TSLA Bull 2X ETF (TSLL) to become the world’s largest single-stock leveraged ETF.

TradingKey — This month, approximately 6 million people across the U.S. will begin receiving settlement payments averaging about $333 per person. The funds originate from a $2.67 billion antitrust class-action settlement involving the Blue Cross Blue Shield Association (BCBS), following more than a

TradingKey - On May 6, the South Korean stock market surpassed Canada to become the world's seventh-largest equity market. The total market capitalization of South Korean listed companies has surged 71% this year to $4.59 trillion. During the same period, Canada's stock market rose by approximately 7%, with a market capitalization of $4.5 trillion.

TradingKey - On May 6 (ET), Disney (DIS) reported its second fiscal quarter results, with both revenue and profit exceeding Wall Street expectations. Revenue reached $25.2 billion, up 7% year-over-year; adjusted earnings per share (EPS) stood at $1.57, up 8% year-over-year. According to LSEG data, analysts had expected revenue of $24.83 billion and EPS of $1.53.

TradingKey - During the Asian session on May 6, South Korean memory chip giant SK Hynix surged more than 10% intraday, with its closing price exceeding 1.6 million KRW, marking a record high for the second consecutive trading day. The company's market capitalization surpassed 1,100 trillion KRW, with its cumulative year-to-date gain reaching over 146%.

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

TradingKey - The artificial intelligence buildout currently taking place across America is colliding with the physical infrastructure of the United States, which is not ready for this level of development, regardless of how advanced any of the chips used to build AI systems are.

TradingKey - For eighteen months, AI stocks experienced a surge in investor excitement. The ChatGPT demo served as a catalyst for NVIDIA (NVDA) Corp. — listed on the Nasdaq — to reach a $3 trillion market cap from $400 billion. Similarly, a press announcement about developing new large-language mod

TradingKey - Multi-Layer Ceramic Capacitors (MLCCs) were historically inconspicuous components in the electronics industry, with prices typically measured in fractions of a cent. However, AI data centers are shifting this dynamic; a single AI server consumes as many as 440,000 MLCCs, 10 to 15 times more than a traditional server. Supply-side capacity remains tight, with lead times for some high-end products extending from 8 weeks to 24 weeks, as expectations for price hikes spread. Samsung Electro-Mechanics, Murata Manufacturing, and US-listed Vishay Intertechnology (VSH) are currently benefiting from this trend.