Analysis

TradingKey - During the Asian trading session on June 2, Marvell Technology (MRVL.US) surged in U.S. overnight trading, with gains once exceeding 12%. In terms of market capitalization, Marvell Technology's current market value is approximately $181 billion, still a significant distance from the trillion-dollar milestone.

TradingKey - A fire broke out at South Korean semiconductor giant SK Hynix's core chip manufacturing facility at Campus 4 in Cheongju, North Chungcheong Province, at approximately 10:32 AM local time on June 1, accompanied by a minor leakage of hydrofluoric acid. The fire originated on the 6th floor of a gas room connecting the M15 and M15X production facilities and was quickly brought under control after the automatic sprinkler system was activated.

TradingKey - During the Asian trading session on June 2, led by the continued gains of chip giants SK Hynix and Samsung Electronics, the total market capitalization of South Korean listed companies surpassed the $5 trillion mark, officially overtaking India’s $4.8 trillion to become the world’s sixth-largest stock market for the first time since 2003.

TradingKey - During the Asia trading session on June 2, Samsung Electronics' intraday market capitalization briefly exceeded $1.54 trillion, momentarily surpassing Meta Platforms (META) and Tesla (TSLA) to rank ninth globally before retracing. As of afternoon trading, Samsung's market cap stood at a

TradingKey - S&P 500 added 0.27% to finish near 7599.96, while the Nasdaq Composite climbed 0.42% to close around 27086.81. The Dow Jones Industrial Average closed at 51078.88 points, up 0.09%.

TradingKey — Hewlett Packard Enterprise (HPE) shares surged over 38% in after-hours trading following the release of its second-quarter fiscal year 2026 earnings report, which showed growth in both revenue and profit. As of press time, the stock remains up 37.09% at $64.43. Following Dell Technologies' (DELL) release of robust financial results last week that significantly exceeded market expectations and drove a collective rally in the global technology hardware sector, market expectations for HPE's performance were exceptionally high.

Tradingkey - On June 1, SpaceX updated its S-1 filing with the U.S. Securities and Exchange Commission. In the latest IPO filing, SpaceX for the first time listed water scarcity as a core risk factor, warning investors that these critical resources could constrain the development of its AI business. SpaceX noted that the company’s ability to deliver AI products at scale is highly dependent on the stable operation of its integrated ground and orbital AI computing infrastructure. The continuous functioning of this infrastructure requires a stable supply of power, water, specialized AI processors, core components, and telecommunications services.

Tradingkey - The race for AI industry listings has reached a fever pitch. Latest reports indicate that Anthropic has confidentially submitted a draft registration statement for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), aiming to go public as early as this autumn. Anthropic stated on its official blog that the number of shares to be offered and the price range for the proposed offering have not yet been determined.

Tradingkey - On June 1, the three major US stock indices closed mixed as sector-level divergence further intensified. NVIDIA CEO Jensen Huang announced at the GTC conference that the company's next-generation AI computing platform, Vera Rubin, has entered full-scale mass production. This news furthe

TradingKey - On Monday Eastern Time, the global software sector staged a strong rebound. Tech stocks, which had been under persistent pressure due to AI anxiety, shook off the gloom and rose collectively in pre-market trading.

TradingKey - Marvell’s custom ASIC pipeline and AI networking business could drive data center revenue well beyond its current $678 mn run rate. Can MRVL reach $234?

TradingKey - Janus Henderson’s $8.3 billion Global Technology Leaders Fund plans to add South Korean memory chip giant SK Hynix to its portfolio, following a cumulative surge of over 1,000% in the company’s stock price over the past year. The fund has outperformed 96% of its peers this year, delivering a three-year cumulative return of 36%. It currently holds positions in memory industry leaders such as Micron Technology (MU) and SanDisk (SNDK).

NVIDIA has launched a new superchip with NPU performance double that of the Snapdragon X Elite. This overwhelming competitive blow triggered a plunge in Qualcomm’s stock price.

TradingKey - In pre-market trading on Monday, June 1 (ET), investors' attention is focused on the latest developments in the Middle East while awaiting key labor market data to be released later this week. All three major US stock index futures moved higher; as of press time, Nasdaq 100 futures rose 0.17%, Dow 30 futures gained 0.28%, and S&P 500 futures climbed 0.23%.

Snowflake at $255, extending above the descending trendline breakout. Multi-cloud neutrality, Cortex AI, Iceberg moat. Q1 FY2027: $1.05B revenue +29%, RPO $4.8B. Target $281–$299.

TradingKey - During the June 1 Asia trading session, TSMC (2330.TW) rose as much as 2.7% intraday to a record high of NT$2,415, with its market capitalization surpassing NT$62 trillion. However, the stock ultimately closed at NT$2,355, finishing flat and surrendering all of its earlier gains. [Source: TradingView] The morning surge was driven by two major factors: first, TSMC and NVIDIA (NVDA) announced an expansion of...

TradingKey - Three AI giants, SpaceX, OpenAI, and Anthropic, are set to list on the US stock market successively in the second half of this year. SpaceX is valued at 2 trillion, while OpenAI and Anthropic are both valued at nearly 1 trillion.

TradingKey - According to the latest reports from Bloomberg, LG Group Chairman Koo Kwang-mo is scheduled to hold a high-level meeting with Nvidia CEO Jensen Huang on June 5. The two parties will focus on deep cooperation in the field of Physical AI. Driven by this news, LG Electronics' stock price hit the 30% daily limit-up for two consecutive trading days. Its cumulative year-to-date gain has exceeded 300%, with its market capitalization reaching a record high.

TradingKey - On the first trading day of June, Japanese and South Korean stock markets extended the AI boom, both hitting record highs. The Nikkei 225 Index surpassed 67,000 points for the first time intraday, while the KOSPI Index briefly broke through the 8,800-point mark.

TradingKey - During the Tokyo trading session on June 1, shares of SoftBank Group (9984) surged more than 13% intraday, with its market capitalization briefly surpassing 47.2 trillion yen.