The Roundhill Memory ETF fell 15% on June 5, 2026, after a two-day 20% drop driven by concerns over AI semiconductor demand and rising interest rates. Broadcom's weaker-than-expected AI revenue guidance and a strong May payroll report raised fears of slower hyperscaler spending and potential Fed rate hikes, pressuring memory chip stocks like Micron, Samsung, and SK hynix. The ETF's heavy concentration in just a few memory chipmakers amplified the selloff. Investors are now focused on Micron's June 24 earnings report for clarity on contract pricing and demand outlook, which will likely determine the next trend for this volatile sector.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Jim Cramer expressed skepticism about the current impact of AI investments, noting that while AI infrastructure companies benefit, many corporate users have yet to show significant cost savings or revenue gains. He highlighted that banks, expected to...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
