Pre-market view on U.S. stocks: Large institutions will conduct quarter-end rebalancing, favoring NBIS and memory pool concept stocks.

BlockBeats News, June 29: Today’s South Korean stock market opened lower and then rallied. Toward the close of trading, Samsung and SK Hynix’s massive investment plans received support from the South Korean government, allowing share prices to rebound. Renowned analyst degentrading (@degentradingLSD) said, “The above event signals that the early stage of global AI competition is now underway. ‘Every country is viewing it as a fight for survival. Over the next period, South Korean small-cap stocks are more worth watching, and for investors with small amounts of capital, these may be among the best opportunities.’”

Looking ahead to U.S. stocks, degentrading believes that due to large institutions’ quarter-end rebalancing needs, about $165 billion worth of equities will be sold by the close of this month. But the market outlook after July is still worth looking forward to. On the other hand, hyperscale cloud providers will not quickly stop capital expenditures, even if their stock prices take a hit, because they’ve already seen signs of positive returns from their investments.

degentrading said that the two current themes worth paying attention to are computing (neos) and memory pooling (Memory Pooling). While memory will continue to be strong, the easier portion of the upside and the valuation gaps have already been covered.

“In computing, NBIS has emerged as the frontrunner. SHAZ (SharonAI Holdings Inc.) is an interesting up-and-coming player, and Situational Awareness may still be adding to its position in this stock. In memory pooling, the stocks include ALAB, CRDO, PENG, and MRVL.”

BlockBeats Note: Memory pooling (Memory Pooling) is an important trend in AI computing infrastructure. It refers to decoupling memory resources from a single CPU/GPU and pooling them into a shared memory pool, which multiple computing nodes can dynamically access and allocate on demand.