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Key Takeaways SK Hynix's US listing is more than seven times oversubscribed , highlighting continued institutional confidence despite recent volatility in AI stocks. The US$24.5 billion offering could become the second-largest US IPO by a foreign company , behind Alibaba's 2014 listing. The strong demand suggests investors remain bullish on the long-term AI semiconductor story , even after recent corrections. Institutional investors appear to be viewing the recent pullback as a buying opportunity rather than the end of the AI cycle. The success of this IPO could become an important gauge of global appetite for AI-related investments. Market Insight Over the past two weeks, AI-related stocks have experienced one of their sharpest pullbacks this year. SK Hynix  has fallen around  30% from its record high , while semiconductor stocks globally have come under pressure as investors questioned whether AI-related spending could continue at its current pace. Yet behind the scenes, a v...

Key Takeaways A single statement from Nvidia "our road map is intact" helped restore confidence across global AI stocks. Technology shares rebounded , with the Nasdaq 100 rising 1.3% as investors viewed Nvidia's comments as reassurance that AI spending remains on track. The AI investment story is shifting from valuation concerns to earnings sustainability. Investors are closely watching upcoming earnings from Samsung and AI infrastructure companies  for confirmation that demand remains strong. The next phase of the AI rally will depend less on hype and more on continued capital spending and profit growth. Market Insight Sometimes, a single sentence can move billions of dollars. That was exactly what happened after  Nvidia  reassured investors that  "our road map is intact,"  responding to concerns over reports of delays involving AI server deployments. The comment quickly eased fears that the AI infrastructure boom might be slowing. Technology stocks rebounded a...

 Earnings Snapshot Q2 FY26 Revenue:  US$46.7B (+56% YoY), above expectations. Q3 Guidance:  Midpoint US$54B vs consensus US$53.4B. Stock Reaction:  Fell modestly (~–2.5% after hours) on profit-taking and China uncertainty. Valuation:  ~32x forward earnings, with 50% EPS growth expected this fiscal year. China: The Big Headline Risk Nvidia reported  no sales of H20 GPUs to China  in Q2. The company also excluded H20 shipments from Q3 guidance. Background: U.S. initially blocked H20 exports, then reversed with licensing. China discouraged orders after political tensions. CEO Jensen Huang: discussions with Beijing are ongoing; “no backdoor” exists in H20 chips. Potential upside: Nvidia estimated up to  US$8B in lost Q2 sales  without regulatory hurdles. Takeaway:  China is noise. Any recovery in H20 or future Blackwell shipments would be upside, not baseline. The Real Growth Driver: Rack-Scale AI Systems Nvidia’s future lies in  NVL72 ...

A handful of tech giants — often dubbed the “Magnificent 7” — are no longer just driving markets; they are  reshaping the economy  through massive investments in AI infrastructure. What started as a stock market narrative is now spilling into GDP-level significance, bond markets, and industrial-scale capital allocation. From Promise to Reality The conversation around AI often focuses on the  future , but the  present impact is in capital spending . Billions are flowing into  servers, GPUs, data centers, and energy infrastructure , shifting Big Tech from “virtual” companies into  industrial-scale operators . CapEx Explosion Four major firms  are on track to spend  over $300B this year , and  about six  could exceed $400B combined. Pre-pandemic, only 20% of their book value was tied to property, plant, and equipment. Now,  over 70%  is industrial assets. Instead of fueling cash reserves and share buybacks,  free cash flow is...

Oracle's stock soared nearly  4%  after a wave of bullish analyst upgrades, strong cloud momentum, and speculation over TikTok’s future in the U.S. Key Drivers Behind Oracle's Rally Stifel upgraded Oracle to “Buy” , highlighting: Aggressive capex  into AI infrastructure and cloud Strong remaining performance obligations (RPO)  growth of  +41% YoY Forecasted cloud revenue growth of  ~38% annually  over the next 2 years New  price target: $250  (up from $180) Cloud Boom Ahead : Oracle expects  cloud revenue to hit $46.5B by FY2027 , accounting for  100% of company revenue growth  in that period. OpenAI & AI Workloads : Oracle’s partnership with OpenAI and focus on  generative AI infrastructure  bolsters long-term confidence. $30 Billion Deal : Oracle revealed a  new cloud agreement  that could generate  $30B annually starting FY2028 , according to a regulatory filing. Analyst Optimism Builds Mizuho Se...

Amazon Joins the Quantum Computing Race Amazon Web Services (AWS) has introduced its first-ever quantum computing chip, Ocelot , marking a significant step in quantum error correction. The chip aims to cut quantum computing error-reduction costs by up to 90% , according to the tech giant. Race for Quantum Dominance Heats Up Amazon’s announcement follows Microsoft's recent claim of a quantum breakthrough  and  Google's unveiling of its Willow quantum chip  in December. The competition among tech giants  underscores the push to solve one of quantum computing's biggest hurdles— error correction . How Ocelot Works Ocelot is a prototype, not a full-scale quantum system , designed to test error correction techniques. Quantum computers use qubits , which are highly sensitive to environmental noise, causing computational errors. Amazon's approach to quantum error correction will be key to scaling quantum systems for real-world applications. Potential and Skepticism Experts r...