Tech and chip stocks fell sharply as investors worry about a potential AI bubble and China's rapid tech advancements. Major US chipmakers like Micron, AMD, and Nvidia saw significant declines, while investors question if massive AI spending by giants like Alphabet and Microsoft will yield returns. Meanwhile, Chinese firms like CXMT and Moonshot are gaining ground with high valuations and advanced AI models, intensifying competition. Market watchers await Federal Reserve updates and tech earnings for clearer signals on the sector's future.
MEXC's RealStocks platform, launched in June 2026, saw SpaceX (SPCX) capture nearly 30% of trading volume and user activity, marking it as the most popular stock among over 7,000 US stocks and ETFs available. AI-related stocks collectively accounted ...
Michael Burry, known as the 'Big Short' trader, has increased his short position against Nvidia as the stock price fell from around $210 to $193.45. Burry's bearish stance reflects his skepticism about the sustainability of the AI boom and concerns o...
Prediction market data shows traders expect Micron to finish July above $1,100, with the highest probability at $1,340. This optimism is supported by Micron's strong Q3 2026 results, including a 346% revenue increase and high demand for AI-related me...
South Korea's Kospi index has become highly correlated with the US Nasdaq 100, driven by AI demand for memory chips from Samsung Electronics and SK Hynix. These companies supply critical components for AI data centers, making South Korea an early ind...
Shares of major chipmakers like ASML, AMD, and Micron dropped sharply after reports that a Chinese state-backed firm started mass-producing domestic deep ultraviolet (DUV) lithography machines. This development threatens sales of older-generation too...
