Filtering signal from noise across US, European, and Korean markets
This article is a summary of the subscriber piece published on July 31, 2026. Figures and price targets are available in the original. In June’s back-end equipment deep dive, I argued that AI chip test was the binding bottleneck of this cycle, and that the field had grown while only one seed spot remained. A … Read more
This article is a condensed version of “The €100,000 Arm and the $20,000 Body: Why I Still Haven’t Planted Humanoids,” originally published for subscribers on July 21, 2026. Valuation figures and price targets are available in the original. Opening. Humanoids. Physical AI. I am finally doing the deep dive — along with the reason I … Read more
It has been five months since I outlined the structural growth drivers that would lead the market over the next half-year. https://blog.naver.com/growth_papa/223991700720 I find myself wondering: Is your portfolio currently filled with companies solving the most critical technical and policy bottlenecks? At this moment, capital is viewing Big Tech’s aggressive investments with a skeptical eye. … Read more