Shares of major chipmakers AMD, Intel, and NVIDIA fell sharply due to a selloff triggered by a drop in South Korean tech stocks, notably SK Hynix and Samsung. This matters because of the close supply chain ties between Korean memory suppliers and U.S. chip companies. Despite the sharp decline, experts from Wedbush and Morgan Stanley view the pullback as a healthy correction and profit-taking, not a sign of weakening fundamentals. Investors are advised to watch for market stabilization and consider cautious position sizes amid rich valuations and crowded trades.
On June 23, 2026, the leveraged semiconductor ETF SOXL fell sharply by 23.06% in a single session, much more than its non-leveraged peers SOXX and SMH, which dropped around 7-8%. SOXL aims to deliver 3 times the daily performance of the semiconductor...
ARK Innovation ETF (ARKK) charges a 0.75% annual fee, much higher than competitors like Invesco QQQ Trust at 0.20%, yet it has underperformed significantly over the past five years, losing 37.88% while QQQ gained 103.96%. The fund's active trading an...
Micron's stock fell 13.3% after South Korea's Financial Supervisory Service warned about risky leveraged ETFs tied to memory chip companies like Samsung and SK Hynix. This warning raised concerns that Micron's rapid 260% stock gain this year might be...
The YieldMax AMD Option Income Strategy ETF (AMDY) currently offers an estimated annualized yield above 94%, attracting income-focused investors. However, its structure leads to inevitable net asset value (NAV) erosion, especially during market volat...
AMD's stock is projected to rise 6.33% to $586.55 over the next 12 months, driven by strong Q1 2026 results including 37.9% revenue growth and robust AI infrastructure demand. Key customers like Meta, OpenAI, and Oracle are committing to large GPU de...
