July 8 Stock Report: Nvidia Maintains 4 Trillion Won Cap Amid Sector Polarization as Intel Suspends PER Calculation

Semicoductor Recovery and Trends in Top-Cap Stocks

According to global stock market data on July 7, 2026, Tesla and AMD each recorded gains of 0.07%. Taiwan Semiconductor (TSMC), Broadcom, and ASML remained in a consolidation range but confirmed solid support lines with market capitalizations exceeding 1 trillion won. Notably, Nvidia is leading the market with a market cap of 4.74 trillion won, maintaining a Price-to-Earnings Ratio (PER) of 29.9. Apple follows with a market cap of 4.59 trillion won. Alphabet boasts a massive market share of approximately 8.9 trillion won, combining common and preferred shares.

Ticker	Price	Change	Market Cap	PER	EPS Growth
Nvidia	195.55 Won	+0.00%	4.74 Trillion Won	29.9	6599.3%
Apple	312.66 Won	+0.01%	4.59 Trillion Won	37.9	2258.6%
Tesla	419.77 Won	+0.07%	1.58 Trillion Won	385.1	-4709.0%
AMD	552.05 Won	+0.07%	0.90 Trillion Won	185.3	16435.6%
TSMC	451.79 Won	+0.04%	2.34 Trillion Won	39.2	4430.2%
Broadcom	373.9 Won	+0.04%	1.78 Trillion Won	62.1	-

That day, a clear polarization was evident within the semiconductor sector. Nvidia and AMD, which directly drive Artificial Intelligence (AI) demand, recorded overwhelming Earnings Per Share (EPS) growth rates, bolstering market sentiment. In contrast, Intel reflected its operating profit deficit, with its PER failing to be calculated. Tesla edged up by a mere 0.07%, but with an EPS growth rate of -4709.0%, there is a divergence between performance fundamentals and stock price movement. This makes it difficult to rule out the possibility of future downward pressure on the stock price.

Expanding Market Volatility and Valuation Divergence

Recently, as the New York stock market closed lower due to semiconductor weakness and a surge in international oil prices, the domestic KOSPI market is also experiencing extreme volatility. Some market observers point to concentrated trading in single-stock leveraged Exchange Traded Funds (ETFs) as a core cause of market disruption and expanded volatility. Structural selling pressure from leveraged products acts as a catalyst accelerating short-term stock declines.

However, a macro perspective suggests that the market is also establishing a floor. Brokerages analyze that the recent plunge has ultimately alleviated valuation burdens across the sector. Nvidia’s PER of 29.9 and Microsoft’s 23.0 appear attractive levels for software and cloud-centric companies. Alphabet also proves superior growth at a low price, recording a PER of 27.9 with an EPS growth rate of 3419.4%.

Sector Impact and Investment Outlook

Movements in value stocks and the defense sector are also critical points to address in this analysis. As South Korea and NATO formalized negotiations for a Basic Agreement on Procurement, a foundation has been laid for entering a joint defense market worth 15 trillion won annually. This aligns with the macro trend of expanding global defense demand, raising long-term order expectations. Conversely, the energy sector, including Exxon Mobil, faces persistent uncertainty directly impacted by international oil price volatility.

Looking ahead, the stock market is expected to undergo a rigorous selection process based on real economic growth. Stocks like Tesla and Ably, with PERs exceeding 100, can only defend their current valuations if their rate of earnings improvement catches up with their stock price surge. Conversely, stocks like Micron, with a PER of 22.3 and a market cap of 1.11 trillion won, are highly likely to attempt a sharp stock price rally based on undervaluation appeal when the memory semiconductor sector rebounds. Ultimately, investors must adopt an approach based on solid earnings growth and rational price indicators of individual companies, rather than being swayed by short-term market volatility.