📌 Memory Supply Is Testing Nvidia’s Growth Delivery
Nvidia’s high-growth expectations are now not merely a question of whether AI compute demand is sufficient. Whether memory can be secured on time and at an acceptable cost is becoming a significant constraint on revenue …
📌 Salesforce Earnings Will Test Whether AI Can Drive Core Growth
Salesforce is about to report earnings, and what truly needs to be validated is not how large Agentforce can become as a standalone business, but whether this AI investment can reaccelerate the core business. Ahead of …
📌 Meta’s AI Investment Becomes a Valuation Focus After Settlement
The arrangement Meta reached with U.S. states on teen safety is turning a legal risk that had long been difficult to estimate into clearer expenses and operational investment.
📌 OpenAI Jalapeño Rumor Drives Samsung HBM4 Demand
OpenAI is reportedly advancing its in-house inference chip, Jalapeño. What merits attention is not a single performance figure, but rather that AI infrastructure procurement may continue to extend from general-purpose …
📌 SK Hynix Switches to Intel Packaging, Advanced Packaging Bottleneck Reshapes Competitive Landscape
SK Hynix confirmed that its next-generation HBM will adopt Intel’s EMIB advanced packaging technology. This decision directly stems from the ongoing shortage of TSMC’s CoWoS capacity, indicating that the supply …
📌 NAND Price Recovery Still Constrained by Capacity Expansion
If NAND demand and prices are recovering, whether supply continues to tighten is the key to whether margins can continue improving. The current change is that neither international manufacturers nor Chinese manufacturers …
📌 Treasury Is Unlikely to Become a Substitute for Long-Term Rate Adjustment
The recent focus of market discussion is whether the U.S. Treasury can bring down long-term Treasury yields directly without relying on the Federal Reserve.
📌 Stablecoin Expansion Does Not Necessarily Lower Short-Term Treasury Yields
Interpreting an increase in stablecoin issuance directly as “new dollar liquidity” can easily confuse the form in which funds exist with the total amount of funds. The dollars used to purchase stablecoins were usually …
📌 Silicon Wafer Price Hike Reflects the Broadening of the Foundry Recovery
Silicon wafer prices are reportedly set to rise by 10% across the board, covering 6-inch, 8-inch, and 12-inch products. This is the first relatively substantial price increase in more than three years.
📌 NVIDIA’s Low-Volume Risk Gap Ahead of Earnings
Ahead of NVIDIA’s earnings, what is truly worth watching is not only the range of volatility implied by options, but also the fact that participation in spot trading has simultaneously fallen to an unusually low level.