Yulia Zeng

TradingKey - On June 29 local time, Rocket Lab, founded by Peter Beck, announced that it has completed the acquisition of established satellite communications operator Iridium for $8 billion in a cash-and-stock transaction, marking the largest M&A deal in the global commercial space sector in 2026.

TradingKey - Due to the US Independence Day holiday on July 3, the June non-farm payrolls report, originally scheduled for Friday, will be released early on July 2. Regarded as a "barometer" of the US economy, this data will not only directly influence the Federal Reserve's interest rate decisions in the second half of the year, but could also trigger a new round of volatility in global financial markets.

TradingKey - Against the backdrop of intensifying global memory chip supply-demand imbalances, TSMC (TSM) is accelerating its localized supply chain substitution plan to reduce its reliance on the three major international memory giants: Samsung, SK Hynix, and Micron (MU).

TradingKey - Samsung, SK Hynix, and Micron, the three chip giants controlling nearly 90% of the global DRAM market share, are facing a class-action lawsuit in a California federal court. The companies are accused of colluding to restrict traditional DRAM production under the guise of a strategic shift to AI High Bandwidth Memory (HBM), driving up prices by approximately 700% over the past four years.

TradingKey - As the artificial intelligence (AI) boom drives a surge in demand for High Bandwidth Memory (HBM), global memory chipmakers are entering an unprecedented golden age of profitability.

TradingKey - In the coming week, the market will observe the US Independence Day holiday, and US stock markets will be closed on Friday. Heavyweight macroeconomic data, including the US June non-farm payrolls, will be brought forward to Thursday. Global sportswear giant Nike (NKE) is scheduled to release its fiscal 2026 fourth-quarter and full-year financial results after the US market close on Tuesday, June 30 (Eastern Time).

TradingKey — On June 22, Eastern Time, US President Trump signed two executive orders at the White House, officially launching the US quantum computing industry acceleration strategy. This injects strong momentum into the development of this cutting-edge field while rapidly igniting capital market enthusiasm for quantum technology concept stocks.

TradingKey - In February 2025, SanDisk (SNDK) spun off from Western Digital (WDC) to become an independent, publicly listed company focusing on the NAND flash memory business. Little did anyone expect that this storage manufacturer, whose value was once overshadowed by its parent company's diversification strategy, would go on to create a legend in the US stock market, propelled by the AI wave.

TradingKey - According to The New York Times, OpenAI, in which SoftBank holds a 13% stake, may delay its initial public offering (IPO) until 2027.

TradingKey - During Friday's pre-market session EST, the US semiconductor sector suffered a widespread sell-off. ON Semiconductor (ON) saw its pre-market decline widen to as much as 13.6%, Micron Technology (MU) fell 4.7%, and AMD (AMD) and Intel (INTC) both dropped over 3%.

TradingKey - Micron Technology's (MU) stronger-than-expected post-market earnings on Wednesday are reshaping the cycle outlook for the global memory chip industry. The latest research report from BofA Securities notes that this AI-driven memory supercycle could extend to 2027, and possibly even last until 2030, as the industry undergoes a structural transformation.

TradingKey - During Thursday's US pre-market session, IBM shares surged over 6% at one point. The company announced a milestone breakthrough in semiconductor technology, officially unveiling the world's first manufacturable sub-1nm chip technology.

TradingKey - On June 24, Eastern Time, at Nvidia’s (NVDA) annual shareholder meeting, CEO Jensen Huang set the tone for the next phase of the AI industry’s development in a two-hour speech. He declared the official arrival of the "era of useful AI," stating that agents will become the core engine driving computing power demand for decades to come, and characterized this computing paradigm shift as the largest industry reset in 60 years.

TradingKey - After the US market close on June 24, memory chip giant Micron Technology (MU) released its fiscal third-quarter 2026 earnings report, completely reversing the market's pessimistic expectations for AI memory demand with its blockbuster core metrics.

TradingKey - "Nvidia challenger" Cerebras (CBRS) extended its post-market losses from the previous session in Wednesday's pre-market trading, with its stock price plunging over 12% at one point.

TradingKey - Global memory chip giant Micron Technology (MU) is about to release its fiscal Q3 2026 earnings report, while capital market sentiment has already turned tense in advance. Just the previous day, Micron's stock price suffered a sharp decline of 13.2%, but today's pre-market trading showed the stock rising 4.66% to $1,100.

TradingKey — On June 23, Eastern Time, AI chipmaker Cerebras Systems (CBRS) released its first post-IPO earnings report. Despite revenue figures significantly beating expectations, bleak earnings guidance dragged its stock down sharply in after-hours trading.

TradingKey - After the market close on June 23, ET, AI chipmaker Cerebras Systems (CBRS) will release its first quarterly earnings report since going public. This marks a transition for the company, widely seen as a potential challenger to Nvidia, from its IPO-stage narrative to the verification of its actual operational capabilities.

TradingKey - As the post-market earnings release date on June 24 approaches, global memory chip giant Micron Technology (MU) stands at a historic crossroads. Over the past year, Micron's stock price has surged by over 800%, with a year-to-date gain of nearly 300%, and officially joined the trillion-dollar market capitalization club in May.

TradingKey - Wall Street investment banks' bullish sentiment on gold is cooling across the board. Following Goldman Sachs' (GS) sharp cut to its gold price targets last week, Deutsche Bank (DB) followed suit on Monday, lowering its gold (XAUUSD) price forecasts by up to 22%.