WS #12897
SK Hynix and SanDisk crash 15% on CXMT competition fears, Nvidia employee detained in AI chip smuggling probe, AMD below key technical levels, Amkor Tech revenue outlook disappoints, Nasdaq slides as chip selloff deepens. Amazon inks $400M AI compute deal, PayPal Q2 beat with crypto earnings adjustment, UPS beats Q2 and raises guidance, IQVIA surges on Q2 beat, Apple surpasses $5 trillion market cap, Apple upgrade with Klarna-powered iPhone leasing.
AI/Semiconductor Selloff Intensifies
SK Hynix and SanDisk crash 15% on CXMT competition fears, Nvidia employee detained in AI chip smuggling probe, AMD below key technical levels, Amkor Tech revenue outlook disappoints, Nasdaq slides as chip selloff deepens.
Amazon inks $400M AI compute deal, PayPal Q2 beat with crypto earnings adjustment, UPS beats Q2 and raises guidance, IQVIA surges on Q2 beat, Apple surpasses $5 trillion market cap, Apple upgrade with Klarna-powered iPhone leasing.