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Bitcoin rises as AI chip stocks like Micron and Samsung fall despite strong earnings.

Market News
07 Jul 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Bitcoin climbed near $63,000 while AI-related chip stocks Micron and Samsung fell sharply despite posting strong earnings. Micron's revenue surged 346% year-over-year, and Samsung forecasted a 19-fold profit jump, but both stocks dropped as investors worried the AI growth potential is already priced in. Meanwhile, Bitcoin gained over 9% in the past week, with major cryptocurrencies showing strength amid improving market sentiment. This divergence highlights cautious investor sentiment on AI chip stocks versus growing confidence in larger crypto assets.

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