The Nasdaq is approaching correction territory amid significant sell-offs in AI value chain leaders and semiconductor stocks due to profit-taking. Despite concerns like China's CXMT IPO, major memory chipmakers SK hynix, Samsung, and Micron maintain strong free cash flow and market dominance. AI infrastructure demand remains robust, supported by deals such as Nvidia's $250 billion OpenAI backstop and AMD's 500 MW agreement with Core Scientific. While market caution persists due to Federal Reserve hawkishness and geopolitical risks, the current selloff is seen as an opportunity to accumulate high-quality tech stocks rather than reduce exposure.
JPMorgan BetaBuilders U.S. Equity ETF (BBUS) now offers a 0.02% expense ratio, slightly cheaper than Vanguard's Total Stock Market ETF (VTI). BBUS tracks the top 85% of the U.S. equity market by capitalization, focusing on large- and mid-cap stocks a...
The Federal Reserve's interest rate decision today is expected to cause volatility in the markets, especially impacting semiconductor stocks tied to artificial intelligence such as Nvidia, AMD, and Intel. Nvidia is showing some technical support by b...
South Korean chipmaker SK Hynix reported record earnings driven by AI demand but fell short of market expectations, causing its shares to drop nearly 10%. This contributed to a broader selloff in Asian chip stocks, with South Korea's KOSPI index fall...
HTX successfully concluded its first TradFi "Trade to Earn" campaign, generating 63.37 million USDT in trading volume and distributing over 23,000 USDT in rewards while saving users 22,238 USDT in fees. The campaign featured innovative 24/7 mining an...
The Mountain West AI & HPC Summit will take place from August 31 to September 2, 2026, in Laramie, Wyoming, hosted by the University of Wyoming, NVIDIA, and NSF ASCEND Engine. The event aims to bring together developers, researchers, students, and st...
