Rebound on Easing Geopolitical Uncertainty…Catching Breath Ahead of CPI [Wall Street Newsletter]

Watch on YouTube ↗  |  June 08, 2026 at 22:29  |  42:28  |  3PRO TV (삼프로TV)
Speakers
Park Myung-seok — Curator

Summary

The video reviews the market rebound driven by easing geopolitical tensions and a reassessment of employment data. Park Myung-seo reaffirms semiconductors as the core investment theme but suggests rotating into optical communications for the second half of 2025. He highlights positive catalysts for Intel (Google TPU order) and Corning (Amazon deal), and argues that foreign selling in the KOSPI is mechanical, not fundamental, with the market remaining solid.

  • Market rebounded on reduced geopolitical risk and correction of overreaction to jobs data.
  • Semiconductors remain the core sector with intact structural growth and strong demand.
  • Optical communications (Corning) is flagged as a potential new growth theme.
  • Intel received a large TPU order from Google, boosting foundry credibility.
  • KOSPI fundamentals are solid; foreign selling is attributed to mechanical rebalancing.
  • CPI data release is the main event to watch for market direction.
  • Bitcoin showed signs of bottoming, with MicroStrategy buying after a small sale.
  • SpaceX IPO demand remains high, but valuation debate continues.
Ideas
Park Myung-seok Curator 22:56
Semiconductors core, structural growth intact.
Semiconductors remain the core investment sector driven by structural AI growth and strong fundamentals; the recent correction in memory stocks was due to price and positioning adjustments, not a change in the long-term demand story. HBM shortages, long-term supply constraints, and partnerships with NVIDIA and SK Hynix reinforce the demand outlook. The sector is a must-own despite near-term volatility.
000660.KS HIGH
Park Myung-seok Curator 27:16
KOSPI fundamentals solid, foreign selling mechanical.
The KOSPI (South Korean stock market) is fundamentally solid despite heavy foreign selling. Nomura and Goldman Sachs maintain positive views, and the selling is largely mechanical due to overweight positions rather than fundamental deterioration. The market's fundamentals remain strong, supported by key companies like Samsung and SK Hynix.
^KS11 MED
Park Myung-seok Curator 32:47
Intel TPU order positive catalyst.
Intel received a significant order from Google for 3 million TPU chips, which adds credibility to Intel's foundry business and could be a positive catalyst for the stock. This order helps validate Intel's manufacturing capabilities and may lead to further orders.
INTC MED
Park Myung-seok Curator 33:32
Optical communications next growth theme.
Optical communications is an emerging theme for the second half of 2025, following memory and CPU strength. The multi-billion dollar deal between Amazon and Corning for fiber optics, cables, and transceivers signals growing demand in this area. Investors should start looking to optical communications for the next wave of earnings growth.
GLW MED
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This 3PRO TV (삼프로TV) video, published June 08, 2026, features Park Myung-seok discussing 000660.KS, ^KS11, INTC, GLW. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Myung-seok  · Tickers: 000660.KS, ^KS11, INTC, GLW