Japanese technology stocks, including SoftBank and Tokyo Electron, dropped significantly following a steep decline in U.S. semiconductor shares. The sell-off was driven by concerns over AI spending and a recent patent infringement ruling against Kioxia, which was ordered to pay $229 million in damages. Despite TSMC raising its capital expenditure forecast, investors remain cautious about the sustainability of aggressive industry investments. This marks a broader reversal in AI-related shares after months of strong gains, as investors question high valuations amid accelerating AI infrastructure spending.
AI remains a major market driver with significant infrastructure investments expected through 2028. Investors can gain diversified exposure to AI growth via ETFs like Vanguard Information Technology (VGT), VanEck Semiconductor (SMH), and Global X Art...
SK Hynix's options began trading in the U.S. with about 150,000 contracts by midday Tuesday, showing less excitement than expected despite a strong stock rally. The most popular trades were bearish call sales, possibly because leveraged single-stock ...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
