mifsee

米中摩擦下でもAI電力関連が強く、NVTSがAIサーバー向け電源需要観測で急伸。FLNC・OUSTもAIインフラ連想で上昇。資源ではCRML・LACが政策支援追い風に続伸。LUNR（宇宙）やSOUN（音声AI）などテーマ拡散も続き、AIインフラ第2波の様相。リスク回避の中でもテーマは鮮明。

Rare earths and AI infrastructure-related stocks rebounded sharply as the tone of US-China trade risks softened; funds flowed into critical minerals such as CRML and WWR; BE, FLNC, and EOSE continued to grow in the power and energy storage themes. Quantum (RGTI, QBTS) also moved higher on the back of orders and upgrades, and a broad range of thematic speculation is underway. Risk appetite recovered and the market rebounded across sectors.

Applied Digital (APLD) jumped on Q1 sales +84% and 150MW expansion announcement with CoreWeave, reaffirming the strength of AI data center demand. In critical minerals, MP and UEC rose on policy support and tighter supply/demand, supported by individual materials such as CPSH's CEO buyout and PPTA's downstream expansion, but the news of intensified US-China tariffs from mid-market led to an overall return to value.

USAR, CRML, WWR, and NB rallied sharply as reports of China's rare earth export restrictions hit US resource stocks. In the AI automation field, the SERV×DoorDash alliance and PATH×OpenAI collaboration attracted attention, and RGTI and NBIS also rose due to thematic spillover.

AMD and OpenAI's partnership clarifies AI real demand, server giant Dell revises long-term growth outlook upward and buys into the entire AI supply chain. Funds also spilled over into batteries and energy storage (Flux and EOSE) and BTC miners (BITF); POET fundraising and FIG re-evaluates SaaS on the back of Altman's ChatGPT introduction effect.

TMQ's 10% stake in the U.S. government and the approval of Ambler Road sent the resources and energy sector soaring; TMC and SES rose on the lithium-nickel chain; in the AI sector, APP fell temporarily due to short sellers but reversed to the upside; RGTI raised its target; and RKLB continued to rise on the announcement of a contract.

AI-related stocks rose on the back of large contracts with AMD and OpenAI; IREN, BITF, and other miners also strengthened on HPC linkage; CRML and IONR saw sharp growth in resource stocks on government investment and policy support; and the market was boosted by both real demand and policy support in defense AI (AISP), energy storage (EOSE), and nuclear power (NNE). Defense AI (AISP), energy storage (EOSE), and even nuclear power (NNE) spilled over, pushing the market higher on both real demand and policy.

Lithium (LAC), Quantum (RGTI/QUBT), and Hydrogen (PLUG) are rising on policy themes; DOE investment confirmations, upgrades, and real orders are stimulating their respective sectors; USAR, AREC, and other resource recyclers are also rising. While the theme market is continuing, Palantir is also down due to news material.

Righetti wins $5.7M order for Novera quantum systems, spilling over into QBTS and ARQQ; ASTS plans to start D2C with AT&T and Verizon, leading to rapid growth in satellite communications; ONDS receives first order for expendable drones, revealing defense demand; USAR and PL also continue to receive cash inflows as themes continue. Individual theme-driven market continues even under the government shutdown.

LAC jumped on reports of a DOE investment; funds flowed into the resource and battery sectors, including QS, PLUG, and FLNC; AI-related companies also rose on supply chain reassessments of MU, SMCI, and INOD; AZN entered Enhertu review and ASTS's target was raised; and theme speculation was broad-based.