Pre-market View on US Stocks: Large institutions will conduct end-of-quarter portfolio adjustments, and are bullish on NBIS and memory pooling concept stocks.

South Korea’s stock market rose after an early dip today, as Samsung and SK Hynix’s massive investment plans received backing from the South Korean government in late trading, helping their stock prices rebound. Renowned analyst degentrading (@degentradingLSD) noted that these events mark the arrival of the early phase of the global AI competition. “Countries are treating this as a make-or-break battle. South Korean small-cap stocks will be more promising in the coming period, and for small investors, these could be one of the best opportunities.” Looking ahead to US stocks, degentrading believes around $165 billion worth of stocks will be sold by month-end due to large institutions’ quarter-end rebalancing needs. However, market performance after July remains promising. On the other hand, hyperscale cloud providers will not halt capital spending anytime soon, even if their stock prices take a hit, as they see signs of positive returns on their investments. Degentrading said two key themes to watch right now are computing (neos) and memory pooling. While memory will remain strong, the easy gains and valuation gaps have already been priced in. “In the computing space, NBIS stands out as a leader. SHAZ (SharonAI Holdings Inc.) is an interesting emerging player, and Situational Awareness may still be adding to its position. For memory pooling, the stocks include ALAB, CRDO, PENG, and MRVL.” BlockBeats Note: Memory pooling is a key trend in AI computing infrastructure, referring to the technology that decouples memory resources from individual CPUs/GPUs, centralizes them into a shared memory pool, and enables dynamic on-demand access and allocation by multiple computing nodes.