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Speaker 1: Let's take a look at some stocks on the move
Speaker 1: today in Asia. I'm Stephen Carroll with Caroline Hepker and
Speaker 1: we're joined Buyer Markets reporter Anthony Stevens as that blowout
Speaker 1: sales outlook from Micron has helped to rekindle confidence in
Speaker 1: the AI trade. How's that playing in Asia today?
Speaker 3: It's a relatively simple read across. There were some amazing
Speaker 3: things about the Micron results that Asia really loves. The
Speaker 3: first is the margins eighty five percent margins, and the
Speaker 3: second is the nature of the contracts that they have signed,
Speaker 3: so the strategic customer agreements that kind of drags out
Speaker 3: earnings visibility into the realm of years, and that's really
Speaker 3: helping Asian semi stocks. Here, Samsung's up six percent, Heinex
Speaker 3: ups eleven percent, and Heinex is up despite launching a
Speaker 3: capital raise of twenty nine billion dollars in that is
Speaker 3: extraordinary and that speaks to the fact that they're raising
Speaker 3: that money to raise investment into producing more memory and
Speaker 3: getting more money out of that. Kiyoshia in Japan is
Speaker 3: also up around eleven percent, So the entire memory supply
Speaker 3: chain is up very strongly. In Asia.
Speaker 4: Yeah, absolutely, those contracts for Micron with those strategic partners
Speaker 4: they average three years, so they're sort of trying to
Speaker 4: flatten out boom and bust. In terms of care COM's forecast,
Speaker 4: a big sales boost from servers for data centers, and
Speaker 4: that's also helping to lift other server suppliers too, is it.
Speaker 3: Yeah, And if you think about how late Qualcom is
Speaker 3: to this game and still how bullish they are, and
Speaker 3: the fact that there's so much innovation left on the table,
Speaker 3: they've signed an agreement again to produce new generation AI chips.
Speaker 3: So you see the likes of the semiconductor supply chain
Speaker 3: do really well. In Asia, you have an advantaged is
Speaker 3: up almost fourteen percent. The Taiwanese optical place up around
Speaker 3: five to six percent, so Lagan is the biggest one there.
Speaker 3: And even in China, you see the ecosystem in China
Speaker 3: doing really well because Qualcom said that they would also
Speaker 3: produce a China specific chip to help with the memory
Speaker 3: shortage in China, so a lot of the China supply
Speaker 3: chain names are strong. So for example, you have a
Speaker 3: SMIC Huahang montage, the entire ecosystem is up around five
Speaker 3: to six percent.
Speaker 1: Yeah, and I mean really interesting to see how widespread
Speaker 1: the effects are as well. But I want to ask
Speaker 1: you as well about Abbi Ali Barber's shares hit by
Speaker 1: some accusations from Anthropic.
Speaker 3: And this is part of a broader context of hyperscale
Speaker 3: conflict around AI. Right, the modeled competition. Are people monetizing
Speaker 3: these models, and you know, the Chinese have been consistently
Speaker 3: accused of distealing or stealing or copying whatever word you
Speaker 3: want to use, of being based off American models to
Speaker 3: close this kind of innovation gap. So today you see
Speaker 3: Alibaba down five percent almost now as you guys come in,
Speaker 3: and this is widening a massive spread in Chinese market.
Speaker 3: So Chinese hardware and semiconductor names are really strong. So
Speaker 3: the Chinese index is of almoste hundred percent on the year. Meanwhile,
Speaker 3: the Internet and hyperscale heavy hs Tech index is in
Speaker 3: a bare market. So you know, you really have that
Speaker 3: dichotomy of performance in China, which is a much bigger
Speaker 3: version of what you're seeing in the.
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