AI Investment Report Amid 'Korea Discount': Returns Hit 42% Led by Nvidia and Micron

US Tech Stocks Prove Defensive, Centered on Nvidia and Micron Amid KOSPI 'Panic'

On July 28, 2026, the Seoul financial market was submerged in a sea of red. The KOSPI index collapsed through the 6,000 mark, plummeting by over 10% in a single day. While foreign investor selling and exchange rate volatility fears battered the Korean market, the US market across the Atlantic maintained relative stability, showing a 'rotation' trend centered on the Dow Jones. Amidst this extreme storm of 'Korea Discount,' the **AI Value Investment Portfolio** demonstrated resilience in dollar terms, regardless of the decline in Won value, once again proving how powerful US tech-centric asset allocation can be as a hedge. The portfolio is currently recording a return of 42.64% against initial capital.

Asset Values Sustained by Valuation Superiority

As of the market close, the portfolio's total assets were tallied at $14,264. Shortly after recovering the $15,000 mark a few days prior, the portfolio entered a temporary consolidation phase due to the sharp decline in the Nasdaq Semiconductor Index and the adjustment in TQQQ (Nasdaq 100 3x Leverage). However, a closer look at the fundamentals of individual stocks reveals clear signs that corporate value is being reappraised regardless of share price trends.

In particular, Nvidia and Micron are trading at very low valuation levels as the profitability of high-end semiconductors is reflected in earnings. In the case of Micron, despite Earnings Per Share (EPS) nearing $43, the current stock price hovers around the $900 mark, meaning the Price-to-Earnings Ratio (PER) is a mere 20x. Considering future growth, this indicates a surprisingly low PEG Ratio of 0.14. Nvidia is also providing the 'most reasonable price relative to growth' amidst market volatility, maintaining a PER in the early 30s and a PEG of 0.5.

Ticker	Qty	Avg Cost	Cur Price	PER	PEG	EPS
Nvidia (NVDA)	25.76	$183.15	$196.51	31.6	0.57	$6.21
Micron (MU)	0.25	$996.00	$900.20	20.8	0.14	$43.21
AVGO (Broadcom)	5.67	$326.03	$383.22	63.7	0.43	$6.02
AMD (Adv Micro)	7.17	$198.62	$494.95	163.9	1.25	$3.02
Amazon (AMZN)	1.95	$208.39	$231.39	27.7	1.25	$8.35
Meta (META)	0.75	$653.56	$593.87	21.6	0.87	$27.50
SOXL (Semicon 3x)	17.37	$67.30	$128.15	21.8	0.73	-
TQQQ (Nasdaq 3x)	2.01	$76.34	$63.40	32.5	1.40	-

Risk Management Through Sector Rotation

Analysis of recent trading logs shows that this portfolio is not simply 'holding' but attempting active sector rotation. On July 24, the portfolio reduced its weighting to the Nasdaq 100 index (selling TQQQ) and added to its SOXL position to target undervalued opportunities in the semiconductor sector. The decisive factor was that the PEG of SOXX, the underlying asset of SOXL, was significantly undervalued compared to fair levels.

Furthermore, a somewhat cold approach is being taken regarding Meta (META). Due to intense advertising market competition and delays in AI monetization, a portion of the holdings was sold to realize profits. This is interpreted as a strategic judgment to reallocate funds to more attractive assets (semiconductors) by weighing valuation efficiency even within the high-growth sector. When adding to Nvidia in early July, attractiveness was also assessed based on earnings momentum following the surge in AI chip demand and the PEG ratio.

Date	Action	Symbol	Qty	Price	Reason
2026-07-24	BUY	SOXL	1.07	$157.50	Undervaluation of underlying asset (SOXX) & semiconductor sector strength expectations
2026-07-24	SELL	TQQQ	0.86	$66.30	Nasdaq valuation burden vs. Semiconductors, Sector rotation
2026-07-24	SELL	META	0.13	$606.10	Intensifying ad market competition & concerns over delayed AI monetization
2026-07-17	SELL	META	0.05	$664.54	Risk adjustment due to expanded volatility
2026-06-26	BUY	NVDA	1.29	$195.74	Low PEG valuation appeal driven by increasing AI demand

Market Outlook: Time to Buy the Dip, Not Sell

The current environment, with US 10-year Treasury rates stabilizing around 4.6% and a strong Dollar Index, presents optimal conditions for targeting a 'Big Dip' in US tech stocks. The VIX Index is showing some downward stabilization, suggesting that market fear has passed its peak.

For the time being, a valuation re-rating is expected to continue, centered on the semiconductor and Artificial Intelligence (AI) sectors. In particular, low PEG/high earnings stocks like Micron and Nvidia are likely to exhibit relative upward strength even during the current index correction phase. The decline of the KOSPI is an issue of capital exodus due to 'country risk,' whereas the adjustment in US tech stocks is a matter of 'profit-taking' and 'sector rotation.' In conclusion, the task at hand is to clean up underperforming stocks within the portfolio and solidify the weighting of core semiconductor holdings.

※ This report is an analysis of the simulated operation history of the AI Value Investment Portfolio and does not constitute investment advice. Actual investments should be made at your own judgment and responsibility.