🔎 Levi Strauss (LEVI), Costco Wholesale (COST): The jeans maker is due to post second-quarter earnings this afternoon; Costco will report June sales. ↘️ Applied Materials (AMAT), Micron Technology (MU), Marvell Technology (MRVL), Intel (INTC), Advanced Micro Devices (AMD): The chip stocks fell in premarket trading, on course to extend a slide sparked by guidance from Samsung Electronics (KR:005930) yesterday that failed to meet lofty expectations.
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Nvidia stock has been in a rut but could be helped by confirmation of a new customer for its stand-alone Vera CPUs.
(Bloomberg) -- After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.’s stock is the cheapest it’s been since before the AI boom kicked off and sent the shares into the stratosphere.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapUS Strikes Iran and Blocks Oil Sales in New Test of TruceTwo Millennium Trading Pods Made About $3.7 Billion Last MonthChina Sentences
AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
(Bloomberg) -- Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to artificial intelligence.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales, in New Test of TruceChina Sentences Officia
Samsung reported blowout preliminary results for the last quarter, but shares declined anyway, triggering a selloff in major chip stocks.
Intel Corp. (NASDAQ:INTC) is one of the 10 Stocks Investors Are Running Away From. Intel saw its share prices drop by 9.66 percent on Tuesday to close at $110.39 apiece, as investors resorted to profit-taking while trading sideways amid the lack of industry-related developments to boost buying appetite. Year-to-date, the company has already jumped by […]
Syntiant Corp, backed by Intel Capital, has filed for a U.S. IPO. The company focuses on semiconductor and AI software solutions for low power processing. Syntiant recently expanded by acquiring Knowles Corp's consumer MEMS microphone business. The development highlights Intel's involvement in edge AI computing and related hardware. For investors tracking Intel and NasdaqGS:INTC, Syntiant's IPO filing adds another reference point for how large chip companies participate in AI through...
SEOUL, July 8 (Reuters) - Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4% and 5%, respectively, in early trade on Wednesday, tracking a broad selloff in
Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4% and 5%, respectively, in early trade on Wednesday, tracking a broad selloff in U.S. semiconductor stocks on growing concerns about the sustainability of the AI-driven chip boom. High-flying memory and semiconductor stocks tumbled overnight, with Intel, Micron and AMD closing down 9.7%, 4.7% and 6.5%, respectively. MKTS/GLOB] Also, the Philadelphia Semiconductor Index lost 4.7% as investors questioned whether AI-related spending can be sustained.
(Updates with index/price moves, macroeconomic, and company/political news.) US equity indexes sl

Despite a record quarter, Samsung's (005930.KS) preliminary earnings results are causing volatility in the memory sector, just ahead of SK Hynix's (000660.KS) Friday IPO. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look in the video above.
Sharp declines for high-flying memory and chipmakers including Intel, Marvell Technology and Applied Materials led a 1.2% decline in the Nasdaq Composite index and a 0.5% drop in the S&P 500. An update on second-quarter results from the South Korean giant had the company projecting record operating profits. Investors feared this reaction was a sign of how future reports for other chipmakers and AI-related tech companies might be received.
(Updates with index/price moves and company/political news) US equity indexes slumped after chipm
Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the memory chip trade — particularly the intraday performances of Micron Technology (MU), SK Hynix (000660.KS), and Samsung (005930.KS) — as these three big names have seemingly dragged the sector into a bear market.
Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the memory chip trade — particularly the intraday performances of Micron Technology (MU), SK Hynix (000660.KS), and Samsung (005930.KS) — as these three big names have seemingly dragged the sector into a bear market.
AI startup Perplexity on Tuesday confirmed it plans to use Nvidia's new central processing units, as the chip giant works to broaden its market and take on entrenched players such as Intel and Advanced Micro Devices. Nvidia has said it expects to generate $20 billion in sales from its "Vera" CPU, a more generic computing chip than its AI-specific offerings, by the end of this fiscal year. The Vera chips are part of Nvidia's efforts to diversify sales as artificial intelligence companies such as OpenAI and DeepSeek make their own AI chips.
SpaceX is officially part of the Nasdaq 100, but it's off to a rocky start. SpaceX was down 5.3% while the Nasdaq 100 was 1.4% in the red. SpaceX wasn’t the index’s worst performer, with chip-related stocks leading the fall.
CBRS faces pressure from margin declines and execution risks, even as AI demand, cloud growth and OpenAI and AWS partnerships support prospects.
AMD's Ryzen AI Halo push is expanding local agentic AI development as demand grows for high-performance CPUs across AI PCs and servers.
Intel Stock Drops as Investors Reassess the AI Chip Rally
The AI trade has rewarded investors with extraordinary gains over the past two years, but it has also created a market where sentiment can change in a single trading session. That reality was on full display after Samsung Electronics reported record quarterly results in South Korea. Revenue and operating profit climbed sharply, yet the stock ... Samsung Wipes Out AI Stocks. Is This the Buying Opportunity You Were Waiting For?
Investors weren't happy with Samsung's guidance today, sending a large group of tech names lower in U.S. morning trading. Here are some of the biggest recent declines: Intel (INTC): Down 11% Applied ...
Shares of Intel (NASDAQ:INTC) are down 10% in Tuesday morning trading to $110, while Advanced Micro Devices (NASDAQ:AMD) stock is off 8% to $508. The moves cap a sharp reversal after both names rallied Monday. The declines are part of a broader chip selloff triggered by Samsung Electronics’ quarterly report. Equipment maker Applied Materials (NASDAQ:AMAT) ... Intel and Applied Materials Dive 10%, AMD Craters 8% as Samsung Earnings Trigger Chip Selloff