Analysis

TradingKey - As the AI wave continues to drive U.S. equities higher, debates over whether valuations have reached unsustainable levels are intensifying. Goldman Sachs (GS) noted in its latest research report that although some signs of overheating are emerging, key indicators show a significant gap between current market levels and the extremes seen during historical bubble periods. Meanwhile, Citigroup (C) has sharply raised its year-end 2026 S&P 500 target to 8,100, citing an "unprecedented" AI capex super-cycle.

TradingKey - On June 8, Seoul time, Jun Young-hyun, head of Samsung Electronics’ chip division, stated that the company has held extensive discussions with Nvidia (NVDA) CEO Jensen Huang regarding foundry cooperation for next-generation chips and future technologies such as HBM4E and HBM5. Both parties are collaborating on autonomous driving chips at the 4nm and 8nm nodes, as well as in the field of Nvidia accelerator chips.

TradingKey - During the Asian session on June 8, South Korean stocks plunged. The KOSPI index triggered a circuit breaker during intraday trading and closed down 8.29% at 7,484.41 points. The KOSDAQ index closed 9.08% lower at 911.39 points, having triggered a circuit breaker during the afternoon session.

TradingKey – Seoul, June 8. Impacted by a plunge of over 10% in the Philadelphia Semiconductor Index last Friday and mounting concerns over interest rate hikes, the KOSPI index tumbled more than 8% in early Monday trading, triggering a Level 1 circuit breaker and a 20-minute trading halt. Boosted by news of Nvidia’s collaboration with SK Group and LG Electronics, the decline narrowed to approximately 4.8% before noon; however, selling pressure intensified in the afternoon, sending the index below 7,500 points before the close.

TradingKey - During the Asian trading session on June 8, NVIDIA (NVDA) CEO Jensen Huang stated during a visit to the LG Twin Towers in Yeouido, Seoul, that NVIDIA is partnering with LG Group to jointly advance developments in humanoid robots, data centers, and the automotive sector.

TradingKey - Seoul, June 8: South Korean stocks plunged in early Monday trading as concerns over U.S. rate hikes and a global tech sell-off spread. The Korea Composite Stock Price Index (KOSPI) plummeted more than 8% at one point, triggering Level 1 circuit breakers. Meanwhile, NVIDIA (NVDA), SK Hynix, and SK Telecom announced several AI-related collaborations covering data centers, memory chips, and semiconductor manufacturing.

TradingKey - Japanese and South Korean stock markets opened sharply lower on Monday (June 8), extending the panic from last week’s overnight plunge in U.S. tech stocks. The Nikkei 225 opened down 0.9% before losses widened rapidly, falling nearly 4% intraday to a low of 63,987 points, eventually rebounding after breaking below the 64,000 psychological level.

Macroeconomic Landscape: The U.S. manufacturing sector expanded for the fifth consecutive month in May, with the ISM Manufacturing PMI rising to 54.0, up Upcoming Events: The coming week will feature significant economic data releases, including the U.S. Consumer Price Index (CPI) for May on June 10

TradingKey - During the Asian session on the morning of June 8, South Korea's KOSPI Index saw its opening losses widen to 8.37%, falling below the 7,500-point integer mark. The Korea Exchange announced a 20-minute trading suspension as the KOSPI's plunge triggered circuit breakers. Heavyweight stocks collapsed across the board, with Samsung Electronics and SK Hynix both falling 10% intraday, leading the market lower.

TradingKey - Since Elon Musk's aerospace company SpaceX filed on May 20, the market has been filled with anticipation for what could be the largest IPO in history. Investors currently generally expect its valuation to range between $1.75 trillion and $2 trillion. According to the latest media reports, SpaceX is expected to finalize its pricing on June 11 and list on the Nasdaq on June 12, 2026, under the ticker symbol SPCX. Based on the latest market news, the primary point of contention regarding this aerospace company is its multi-trillion-dollar valuation.

TradingKey - Rocket Lab Q1 2026: $110M revenue, $1.1B backlog, 50+ Electron launches. Neutron medium-lift reusable rocket targeting 2026 first flight. RKLB at $117.40, 4H trendline support. Target $134.

TradingKey - Applied Optoelectronics grew revenue 42% and expanded gross margins as 800G AI networking demand accelerated. Can AAOI extend its rally toward $221?

TradingKey - On June 1 (Eastern Time), Anthropic officially filed for a confidential IPO with the U.S. Securities and Exchange Commission (SEC), and is poised to become the first AI startup with a trillion-dollar valuation.

TradingKey - Adobe (ADBE) will release its fiscal Q2 2026 financial results after the market close on June 11. Market attention is focused on two key areas: first, whether Adobe’s generative AI can be effectively converted into sustainable revenue; and second, whether AI products can drive continued growth in Digital Media ARR, rather than just increasing user engagement and feature penetration.

TradingKey - In 2026, the S&P 500 Index has repeatedly hit new record highs. As of the close on June 2 Eastern Time, its total market capitalization surpassed $69 trillion, representing a year-to-date gain of more than 10%.

TradingKey - Apple’s (AAPL) upcoming Worldwide Developers Conference (WWDC), set to kick off on June 8, is becoming the tech industry’s most watched focal point. The five-day event (June 8–12) will officially commence with a keynote address on the 8th at ET. Expectations have surged far beyond routine software updates—the market is eager to see Apple deliver on the AI commitments it made for 2024.

As $7.9B floods into SpaceX ETFs, early investors face a hidden dilution trap. Is buying a SpaceX ETF worth the risk, or is there a better Pre-IPO play?

TradingKey - Marvell delivered $2.4 bn in Q1 revenue and raised FY2027 guidance. Why does Nvidia CEO Jensen Huang believe MRVL could become a trillion-dollar company?

TradingKey - Nebius Group Q1 2026: $399M revenue +684% YoY, EBITDA positive $129.5M. Microsoft $17–19B and Meta $27B contracts. $9.3B cash. 1.2 GW power. NBIS at $253.51. Target $280.

TradingKey - Over the past decade, competition in the semiconductor industry has centered on process nodes, production capacity, and CPU performance. In the AI era, market focus has shifted toward power consumption control; those who can balance computational power with energy efficiency are poised to emerge as winners in the next cycle. Driven by this logic, ARM-related stocks have gained significant attention in capital markets.