US semiconductor stocks dropped sharply after the introduction of a new Chinese chip model called Kimi K3, which rattled investors despite strong earnings and raised guidance from major players like TSMC and ASML. The SOXX ETF fell 1.5%, reflecting broader market concerns. The author remains cautious, holding 80% cash and monitoring upcoming earnings and Federal Reserve signals before making new investments. The selloff is seen as exaggerated but the market bottom has not yet been confirmed.
The Roundhill Memory ETF (DRAM), launched in April 2026, quickly amassed over $25 billion in assets, driven by rising AI-related memory demand. However, the ETF is heavily concentrated in three stocks—Samsung, SK hynix, and Micron—with Samsung diluti...
Nvidia agreed to guarantee up to $105 billion in lease value for OpenAI's data center campus, signaling confidence despite OpenAI's modest recent revenue of $6.7 billion. However, this move did not boost the semiconductor sector, which saw a 5% drop ...
