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Bloomberg101d agoneutral
SK Hynix to File in Korea in Step Toward ADR Sale, Report Says

(Bloomberg) -- SK Hynix Inc. is expected to submit a statement to Korea’s financial regulator for an offering of American Depositary Receipts, according to Korea Economic Daily.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles Investors‘FOMO Really Got Me’: Taiwanese Go Deep Into D

Nvidia's banned AI chips double in price on China's black market, FT reports
Reuters101d agoneutral
Nvidia's banned AI chips double in price on China's black market, FT reports

Nvidia's ‌AI ‌chips have more ​than doubled in price ‌on ⁠China's black market, ⁠the ​Financial ​Times reported ​on ‌Tuesday, citing multiple Chinese chip traders. Reuters ‌could ​not ​immediately ​verify ‌the report. (Reporting ​by ​Angela Christy ​in ‌Bengaluru; Editing ​by Subhranshu ​Sahu)

Is Lumentum (LITE) Turning Its AI Optics Backlog Into a Durable Data Center Edge?
Simply Wall St.101d agoneutral
Is Lumentum (LITE) Turning Its AI Optics Backlog Into a Durable Data Center Edge?

Lumentum Holdings recently presented at the Rome Conference on AI Ethics and Governance, with board chair Penny Herscher and CEO Michael Hurlston outlining the company’s role in AI-related optical technologies. Investor attention has centered on Lumentum’s more than US$400 million backlog in optical circuit switches and co-packaged optics, supported by partnerships in AI data center infrastructure. Next, we’ll examine how this large AI optics backlog and related positioning influence...

Why Seagate (STX) Stock Is Falling Today
StockStory101d agobearish
Why Seagate (STX) Stock Is Falling Today

Shares of data storage manufacturer Seagate (NASDAQ:STX) fell 6% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Why Intel (INTC) Stock Is Nosediving
StockStory101d agoneutral
Why Intel (INTC) Stock Is Nosediving

Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.9% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Nvidia (NVDA) Stock Trades Down, Here Is Why
StockStory101d agoneutral
Nvidia (NVDA) Stock Trades Down, Here Is Why

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.7% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

$10,000 Becomes $2,586 in One Year: The Hidden Decay Engine Inside UVXY
24/7 Wall St.101d agoneutral
$10,000 Becomes $2,586 in One Year: The Hidden Decay Engine Inside UVXY

If you bought ProShares Ultra VIX Short-Term Futures ETF (CBOE:UVXY) a year ago hoping to ride the next panic, your account tells the story the marketing won’t. A $10,000 stake on June 23, 2025 is worth roughly $2,586 today. The VIX itself, the thing UVXY is supposed to track, sits at a perfectly ordinary 17.28. ... $10,000 Becomes $2,586 in One Year: The Hidden Decay Engine Inside UVXY

You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It
24/7 Wall St.101d agoneutral
You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It

The Technology Select Sector SPDR Fund (NYSEARCA:XLK) charges a sticker fee so small it looks like a rounding error. The real bill shows up in how much of your money is riding on three stocks you probably already own through your S&P 500 fund. What You’re Actually Paying XLK’s expense ratio sits at 0.08%, or ... You’re Probably Paying Twice for NVIDIA, Apple, and Microsoft Without Realizing It

SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage
24/7 Wall St.101d agoneutral
SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage

On June 23, 2026, SOXL fell 23.06% in a single session. The same day, iShares Semiconductor ETF (NASDAQ:SOXX) fell 7.88% and VanEck Semiconductor ETF (NASDAQ:SMH) fell 7.01%. That gap is the product you bought. The marketing calls it “3X daily.” Your brokerage statement calls it a $2,300 hole per $10,000. What you are actually paying ... SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage

Why AMD (AMD) Stock Is Trading Lower Today
StockStory101d agoneutral
Why AMD (AMD) Stock Is Trading Lower Today

Shares of computer processor maker AMD (NASDAQ:AMD) fell 6.3% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Nasdaq closes down more than 2% as global tech sell-off deepens
Washington Post101d agobearish
Nasdaq closes down more than 2% as global tech sell-off deepens

Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. The tech-heavy Nasdaq composite index was down 2.21 percent at the market’s close. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Among the main drivers were Sandisk and Micron Technology, which specialize in memory and storage. Both wer