Memory stocks fell sharply after reports that the US might permit Apple to source memory chips from Chinese suppliers CXMT and YMTC. This potential policy shift threatens US and Korean chipmakers like Micron and SanDisk, whose shares dropped 7-9%. Analysts say the market reaction may be overblown since Chinese suppliers face qualification and supply challenges, but investors should remain cautious ahead of President Xi Jinping's upcoming US visit. No official decision has been made yet, and further news could cause more volatility in memory stocks.
In 2026, the VanEck Semiconductor ETF (SMH) returned an impressive 87.86%, largely driven by heavy holdings in NVIDIA and Taiwan Semiconductor. However, three other semiconductor ETFs—Invesco Semiconductors ETF (PSI), Xtrackers Semiconductor Select E...
NVIDIA announced a $279 billion memory purchase commitment, nearly tripling from the previous quarter, signaling strong demand for memory chips. However, stocks of key memory suppliers like Micron and Western Digital fell sharply, likely due to profi...
Nvidia's upcoming earnings report is seen as a crucial indicator for the AI infrastructure sector following a recent sharp correction in AI and semiconductor stocks. Investors are closely watching Nvidia's guidance on demand for its Rubin platform, h...
Micron, Broadcom, and CoreWeave are leading the AI semiconductor and cloud infrastructure surge, each with bullish price targets for 2027. Micron aims for $1,200 driven by strong memory demand and $100 billion in contracted revenue. Broadcom targets ...
Semiconductor stocks rose on August 25, 2026, driven by news that the U.S. Treasury might use its nearly $1 trillion cash reserve to buy back bonds, lowering long-term yields. This move reduces supply pressure on bonds, causing yields to drop and boo...
