SK Hynix shares fell after the company said it expects capital expenditures to surge 50% this year to at least $31 billion, highlighting a broader rout in semiconductor stocks. All stocks in the Phila…
The Nasdaq 100 briefly entered correction territory Tuesday as global chip and memory stocks sold off sharply, with shares of Sandisk, Western Digital, Seagate, Micron, and AMD all falling around 10% …
Shares of major U.S. chipmakers Micron, Sandisk, and Intel are sinking in premarket trading after Asian chip stocks plunged, with SK Hynix falling over 14.6% and Samsung dropping over 13.3%, driven by…
Six formerly sleepy stocks have joined the $100 billion-plus valuation club by riding the AI boom, with their combined market cap surging from $90 billion to nearly $1 trillion since mid-July 2023, ac…
Korean stocks opened sharply higher Wednesday, with the KOSPI up 337.92 points (5.01%) to 7,085.87, driven by a continued rebound in chipmakers. Overnight U.S. chip stocks like Micron and Sandisk rose…
Wall Street rose Monday, with the S&P 500 up 0.6%, as chip stocks rebounded from recent losses. Nvidia gained 1.9% and Sandisk climbed 6.7%, recovering some ground after weeks of pressure on AI-relate…
The iShares Semiconductor ETF (SOXX) has fallen 11% in the past month, and BTIG strategist Jonathan Krinsky warns that too many investors remain overexposed to the sector and are unprepared for furthe…
Semiconductor stocks fell on Friday, with Micron Technology and Sandisk dropping more than 2% and Western Digital falling more than 3% in premarket trading, as global chip stocks have lost $3.3 trilli…
International Business Machines Corp.'s warning that sales are falling short of expectations due to customers shifting spending to AI infrastructure caused its shares to plunge 25%, their worst day si…
Nasdaq 100 futures dropped roughly 2% on July 17 as a brutal selloff in semiconductor stocks deepened, with Bitcoin falling about 2% to $62,790.91 amid growing doubts about AI hardware valuations. The…
SK Hynix American depository shares fell 8.9% on Monday, days after the company's record-breaking $26.5 billion U.S. IPO, as analysts raised concerns about valuation and cyclical demand for high-bandw…
Memory stocks like SK Hynix, Sandisk, and Micron Technology trade at price-to-earnings multiples in the bottom 20% of the S&P 500 as of June 30, 2026, despite surging demand from AI data centers. SK H…
Sandisk stock rose after a leaked memo revealed a multi-year flash supply agreement with Meta Platforms, marking the first known long-term agreement (LTA) in the NAND area. The deal supports Meta's AI…
SK Hynix stock sank 15% in Asia on Monday, leading a broad decline in chip stocks as investors took profits amid concerns of an overstretched AI trade and a report that the company's operating profit …
Coinbase, Lyft, and Axon are making strategic moves beyond the AI-driven 'Magnificent Seven' stocks, with Lyft expanding into robotaxis and Axon developing advanced Taser technology, highlighting broa…
A record number of tech stock insiders are buying their own shares in 2026, with 28 executives at companies within the State Street Technology Select Sector SPDR ETF purchasing stock on the open marke…
The 10 best-performing Nasdaq-100 stocks from March to June, mostly AI hardware companies like Sandisk, Astera Labs, and Micron, have fallen about 12% since June 25, while the index has moved sideways…
Memory stocks including Samsung and SK Hynix have fallen over 20% from their peaks, entering bear market territory as investors reassess AI-driven growth amid geopolitical tensions and concerns over e…
Meta CEO Mark Zuckerberg plans to double the company's AI computing infrastructure to 14 gigawatts by 2027, with spending up to $145 billion, according to an internal memo. The massive buildout includ…
Meta will begin production of its latest AI chips in September, aiming to reduce GPU costs amid a component shortage. The chips, developed under the MTIA program with Broadcom and manufactured by TSMC…