[체슬리모닝브리프] 인플레 우려에도 반도체 섹터 떴다…뉴욕증시 S&P500·나스닥 또 사상 최고치 [26/05/14]

Summary

The video covers overnight US market action (PPI surprise, rate rise, AI-driven rally), China market (CCR price surge, summit optimism), and detailed analysis of AI capex cycle, Cisco earnings, and Korean semiconductor supply chain. Key themes: AI infrastructure spending remains robust, benefiting memory, optical, and substrate stocks; inflation and rate concerns linger but have not derailed momentum.

• PPI came in hot but markets focused on AI, with S&P 500 and Nasdaq hitting new highs.
• BofA raised targets on Micron, Coherent, Nvidia, AMD, and Micron, citing HBM and AI optical demand.
• Bank of America raised its 2030 AI data center TAM forecast from $1.4T to $1.7T.
• Cisco lifted AI infrastructure order guidance to $9B from $5B, signaling strong networking demand.
• China/US summit optimism lifted Alibaba ADRs and semiconductor-related stocks.
• Samsung Electro-Mechanics and its substrate/MLCC shortage cycle were highlighted as a multi-year opportunity.
• Korean auto and defense stocks saw mixed action; defense positioning discussed for H2 catalysts.
• Bitcoin fell below $80k as CLEAR Act uncertainty weighed, but long-term liquidity thesis remains.