Jay Qian

TradingKey - A recent in-depth report released by research firm SemiAnalysis shows that Anthropic, an AI large model company, is projected to achieve over $1 billion in GAAP EBIT by the third quarter of 2026, with its annual recurring revenue (ARR) surging from $9 billion at the end of 2025 to over $60 billion. SemiAnalysis believes that if Anthropic continues to execute its strategy efficiently, it has the potential to become the first company to reach a market capitalization of $6 trillion.

TradingKey - According to disclosures by the U.S. Federal Communications Commission (FCC), SpaceX submitted an application to the FCC this week, requesting approval to launch and operate a third-generation (Gen3) constellation consisting of 100,000 satellites, aiming to build a global communications infrastructure for the AI era.

TradingKey - On July 7, Eastern Time, Amazon (AMZN) returned to the U.S. investment-grade bond market, launching an eight-tranche benchmark bond issuance. The company plans to raise at least $25 billion to fund artificial intelligence infrastructure and for general corporate purposes. Amazon's share price ticked slightly higher in pre-market trading, up about 0.62% at the time of writing.

TradingKey - On July 7, Eastern Time, media reports indicated that Chinese AI startup DeepSeek is independently developing its own AI inference chips, a move that could reduce its reliance on Nvidia (NVDA) and Huawei chips. Following the news, Nvidia shares fell by as much as 2% in pre-market trading. As of press time, Nvidia's pre-market share price stood at approximately $192.62, down 1.5%.

TradingKey - Anticipation surrounding the release of GPT-5.6 has recently continued to build within the developer community. Polymarket prediction data showed that the probability of the model's official public release today (July 7) once reached 68% to 74.5%.

TradingKey - On July 7, EST, in pre-market trading, the three major US stock index futures showed mixed performance. As of press time, Dow Jones Industrial Average futures rose 0.21%, S&P 500 index futures fell 0.13%, and Nasdaq 100 index futures fell 0.91%.

TradingKey - During the Asian trading session on July 7, Japanese memory chip giant Kioxia Holdings plummeted over 12% at one point, leading losses in the Japanese and South Korean semiconductor sectors. SoftBank Group fell over 4%, while South Korean tech giants SK Hynix and Samsung Electronics both tumbled by approximately 10% at one point. As of press time, Kioxia was down 11.24% at 72,420 yen per share. Dragged down by the collective weakness in chip stocks, the Nikkei 225 Index fell 1.75% to 68,576.85 points.

TradingKey - On July 6, Eastern Time, Broadcom (AVGO) filed a document with the US Securities and Exchange Commission (SEC), disclosing that it has reached a multi-year agreement with Apple (AAPL) to extend their technical cooperation through 2031. Under the agreement, Broadcom will develop and supply a range of custom ASIC chips for multiple generations of Apple products, including iPhone RF chips, wireless LAN and Bluetooth connectivity chips, and other networking semiconductors. Following the announcement, Broadcom's share price rose over 4% in US pre-market trading.

TradingKey - On July 6, Eastern Time, just one day before SpaceX (SPCX) was officially included in the Nasdaq 100 Index, the company submitted a routine semi-annual report to the U.S. Federal Communications Commission (FCC). The report shows that over the past six months, SpaceX actively deorbited 260 Starlink satellites, with another 349 retired satellites awaiting disposal. The total of 609 satellites accounts for 5.7% of its active in-orbit constellation.

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.