The AI infrastructure build-out has quietly rewired global markets. Memory pricing has gone vertical — DDR5 has roughly 5x'd off its 2025 base — while optical networking names now trade at record valuation multiples . At the same time, Korea's KOSPI has surged to record highs on a wave of domestic buy-on-dip flow, even as its forward P/E sits near cycle lows. The signal underneath all of it is the same: this is a capital-intensity super-cycle, and it's still early. We're bringing in Ross Dong, Founder of Gongxing Academy (躬行学堂) and Partner at Morning Cloud Asset Management, to unpack how these macro forces connect — and where the next winners sit. 📅 Date: July 23, 2026 ⏰ Time: 20:00–21:00 SGT 🔗 Register: