WS #12896
SK Hynix and SanDisk crash 15% on CXMT competition fears; Nvidia employee detained in AI chip smuggling probe; AMD breaks below key support; memory ETFs under pressure. Amazon signs $400M AI compute deal with Recursive Superintelligence; PayPal beats Q2 estimates; IQVIA surges on Q2 beat and guidance hike; UPS raises 2026 outlook.
AI/Semiconductor Selloff Intensifies
SK Hynix and SanDisk crash 15% on CXMT competition fears; Nvidia employee detained in AI chip smuggling probe; AMD breaks below key support; memory ETFs under pressure.
Amazon signs $400M AI compute deal with Recursive Superintelligence; PayPal beats Q2 estimates; IQVIA surges on Q2 beat and guidance hike; UPS raises 2026 outlook.