Weekly Hotspot Review: U.S.-Iran Agreement Still Faces Disagreements, Storage Chip "Big Three" Join the Trillion-Dollar Club

BlockBeats News, May 30 — This week, global markets continued to focus on U.S.-Iran negotiations, U.S. inflation, Federal Reserve policies, and the AI industry chain. Although the U.S. and Iran are close to reaching a phased agreement, significant differences remain on key issues such as nuclear matters, Hormuz Strait management rights, and sanctions relief. After a war room meeting between Trump and the White House team this week, no final decision has been made. On the macroeconomic front, U.S. April PCE inflation rose to 3.8% year-on-year, hitting a three-year high, while core PCE climbed to 3.3%. With inflation resurging, several Federal Reserve officials have begun discussing the possibility of rate hikes, further cooling market expectations for rate cuts this year. In capital markets, U.S. stocks continued to hit record highs, with the Dow, S&P 500, and Nasdaq rising 0.9%, 1.43%, and 2.39% respectively this week. AI-related sectors remain the market's main focus. Dell, driven by demand for AI servers, saw its stock price surge nearly 40% after its earnings report. The AI-driven storage chip rally continues to heat up. Following Samsung Electronics, Micron Technology and SK Hynix both surpassed the $1 trillion market cap threshold this week, marking the entry of the world's three largest storage chip manufacturers into the "trillion-dollar market cap club." The market believes that AI training and inference demands are reshaping the memory industry cycle, with high-bandwidth memory (HBM) shortages becoming the core driving force. The embodied intelligence sector is also gaining attention. Unitree Robotics' STAR Market IPO is scheduled for review on June 1, with the company aiming to raise ¥4.2 billion, striving to become the "first humanoid robot stock on the A-share market." Meanwhile, Unitree unveiled its next-generation embodied intelligence model WVLA2.0 and showcased the G1 robot's ability to autonomously organize items. In the commodities market, international oil prices fell sharply this week due to expectations of a U.S.-Iran ceasefire and the resumption of shipping in the Hormuz Strait, with WTI crude briefly dropping below $90 per barrel. Gold fluctuated between weakening safe-haven demand and high-interest rate expectations, posting a modest weekly gain of 0.73%. Overall, the market is currently trading around three main themes: the "AI supercycle," "Federal Reserve policy shifts," and "easing geopolitical risks." Storage chips, humanoid robots, and domestic semiconductors emerged as the most prominent structural hotspots this week. [Original Link]