WS #12930
KOSPI volatility hits all-time high, US semiconductor stocks follow lower as AI chip trade cracks; Goldman's high beta momentum basket on track for worst monthly performance ever. Apple temporarily reaches $5 trillion market cap, becoming second company ever to do so, as investors favor its conservative AI spending approach over AI-exposed rivals. SpaceX shares down nearly 50% from June peak, erasing $1.2 trillion in market cap; lockup expiration and first earnings report pose further risk.
AI/Semiconductor Selloff Intensifies
KOSPI volatility hits all-time high, US semiconductor stocks follow lower as AI chip trade cracks; Goldman's high beta momentum basket on track for worst monthly performance ever.
Apple temporarily reaches $5 trillion market cap, becoming second company ever to do so, as investors favor its conservative AI spending approach over AI-exposed rivals.
SpaceX shares down nearly 50% from June peak, erasing $1.2 trillion in market cap; lockup expiration and first earnings report pose further risk.