South Korean equities lost over $900 billion in value after the Kospi dropped nearly 10%, driven by SK Hynix and Samsung shares falling over 12%. The selloff followed SK Hynix surpassing Samsung as Korea's most valuable company and concerns over record margin debt of $25 billion. The dip was triggered by SK Hynix shifting production from high-margin AI memory to commoditized DRAM, raising questions about AI demand. Despite the selloff, major AI chipmakers like Micron, NVIDIA, and AMD report strong revenue growth and spending, indicating ongoing robust demand. Alphabet is a notable exception, facing stock declines amid executive losses and slower AI model releases. Upcoming earnings from Micron and Cerebras will clarify if the Korean market drop signals a broader trend or a temporary shakeout.
Options traders increased buying of put options on the iShares Semiconductor ETF (SOXX) as semiconductor stocks experience a volatile rally with sharp drawdowns this year. The sector has seen gains over 300% from 2025 lows but faces risks of sudden s...
Goldman Sachs projects that global data center capacity could almost double by 2030 due to surging demand from AI workloads and rapid cloud expansion. Hyperscaler AI spending is expected to exceed $1 trillion by 2027, fueling needs for more compute, ...
Roundhill Investments, along with REX Shares and Tuttle Capital Management, launched the Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM), a 2x leveraged fund based on the popular Roundhill Memory ETF (DRAM). This new ETF capitalizes on Micron Tec...
Micron Technology's shares fell about 13% before its fiscal Q3 2026 earnings report, driven by investor nervousness rather than fundamental issues. Analyst Kevin Cassidy highlights that Micron's focus on supply discipline and margin expansion, rather...
Cantor Fitzgerald analyst CJ Muse argues that memory supply shortages will be tighter in 2027 than 2026, extending earnings growth for Micron Technology into 2028 and beyond. This outlook hinges on sustained hyperscale compute demand through 2029-203...
