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Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 6% in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.
Yahoo Finance Senior Reporter Ines Ferre joins Market Domination Overtime to break down the chip stock sell-off that sent shockwaves through the market on Friday, June 5.
US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
Vera Rubin is in full production, with deliveries set for the third quarter.
My research had found that corporate governance mechanisms, such as board of directors and active shareholders, tend to complement and balance each other to drive a company’s performance. Strong corporate governance helps sustain strong stock performance. Tech companies are growing on steroids.
Find insight on the won, Bank of China, Commerzbank, Reserve Bank of India and more in the latest Market Talks covering Financial Services.
Ten years ago, ASML (NASDAQ:ASML) was a respected Dutch equipment maker quietly perfecting a technology most investors had never heard of: extreme ultraviolet lithography. Today, it is the sole supplier of EUV machines required to print transistors smaller than 7 nanometers, and every cutting-edge chip from TSMC, Samsung, and Intel runs through its tools. The ... $1k in ASML Smashed The S&P at Every Milestone
Micron Technology (NasdaqGS:MU) has been certified as an HBM4 memory supplier for Nvidia’s next generation Vera Rubin AI platform. Samsung and SK Hynix were confirmed alongside Micron, with all three vendors already in production for Vera Rubin. Nvidia CEO Jensen Huang identified Micron as a key partner in the AI hardware supply chain, formally validating its role in HBM4. For investors tracking AI hardware, this certification puts Micron directly in the core memory supply chain for one of...
Nvidia chief executive Jensen Huang arrived in Seoul Friday for a packed schedule of meetings with tech leaders, promising "some surprises" for South Korea while predicting robotics will be the country's next major growth sector.Huang said robotics would be the "next major sector here in South Korea", and that the country is "extraordinary at manufacturing, mechatronics, and also artificial intelligence".
Nvidia approved Samsung, SK Hynix and Micron as HBM4 suppliers.
Nvidia (NASDAQ:NVDA) has arguably been the biggest story of the AI boom thus far, with shares gaining more than 1,800% since the lows of 2022. Undoubtedly, the innovation going on behind the scenes has not slowed down one bit. Arguably, it’s accelerating as the era of Vera Rubin arrives while the company expands its footprint ... Nvidia Chips Aren’t the Whole AI Story — Another Industry Dominates AI Sales
South Korea's tech-heavy benchmark index closed 5.5% lower today. Yawn. It was only the sixth-worst day of 2026. The Kospi Composite is still up 94% this year, powered by a handful of AI-related stocks.
The Roundhill Memory ETF (CBOE:DRAM) is the first U.S.-listed pure-play memory-chip ETF, and it landed in the middle of one of the most violent upcycles the industry has ever seen. DRAM launched on April 2, 2026 with a 0.65% expense ratio, just as Micron Technology (NASDAQ:MU) was approaching a trillion-dollar market cap. Micron is up ... Memory Chip Prices Will Make or Break DRAM ETF Before Year-End 2026
Micron stock was falling again Friday even after confirmation it has qualified to supply the latest high-bandwidth memory to Nvidia.
Nvidia has approved Samsung, SK Hynix and Micron to supply HBM4 memory for its next-generation Vera Rubin AI platform
Nvidia (NVDA) CEO Jensen Huang said Friday that robotics will be South Korea's next major growth sec
Samsung, SK Hynix And Micron Gain Key Approval
The Roundhill Memory ETF (DRAM) is a proxy of the red hot memory chip sector.
(Bloomberg) -- Nvidia Corp. has certified the three biggest memory chipmakers to supply their most advanced high-bandwidth products for the US company’s AI accelerators, Chief Executive Officer Jensen Huang confirmed for the first time.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake Sale‘Sell Indonesia’ Sweeps Trading Desks as Prabowo Tightens GripRepublican-Le
Nvidia CEO Jensen Huang said on Friday that he sees robotics as the next major sector in South Korea. He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan. Huang said he had meetings scheduled with Hyundai, LG, SK, Samsung and Naver during his trip.
Shares have fallen in Asia, with South Korea’s benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. On Wall Street on Thursday, computer chipmaker Broadcom’s shares sank 12.6% when it gave a forecast that fell short of investors’ expectations, raising concerns over the wider AI and technology sector. U.S. memory chip maker Micron Technology dropped 7.7%, and cybersecurity company CrowdStrike Holdings fell 3.8%.
GIMPO, South Korea, June 5 (Reuters) - Nvidia CEO Jensen Huang said on Friday that he sees robotics as the next major sector in South Korea.
A look at the day ahead in European and global markets from Tom Westbrook The drawdown in tech stocks that has followed a narrow earnings miss at U.S. chipmaker Broadcom deepened in Asia on Friday,
(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpBloomberg Retracts Incorrect Story on RBI GoldThe debate concerns whether the Trump admi
(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PGlazer Family Members Study Manchester United Stake SaleSaylor's Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapThe debate concerns whet
(Bloomberg) -- Trump officials have spent the past week embroiled in a remarkable argument — over what, exactly, their China tech policy has been for the past year.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapThe debate concerns whet
South Korea's labour minister called on the country's major tech firms to share the spoils of their massive windfall profits, warning that unprecedented chip-sector gains stemming from the AI boom risked widening a gap in inequality. In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth. The South Korean government, businesses, unions and suppliers should engage in a public dialogue on how to share such "excess profits" and narrow the gap between large conglomerates and smaller suppliers, he said.
It's time for a bit of a reality check. Chip stocks are losing value while the broader market is getting a boost. Evidence rests in PHLX Semiconductor, popularly known as SOX, which was down 1.7% this afternoon.
In May 2026, telcos, OEMs, and retailers launched 1,094 smartphone promos (up 14% MoM), driven by trade-ins, bundles, and new line discounts. Service plan updates and Motorola device launches fuelled this surge.
A decade ago, Taiwan Semiconductor Manufacturing (NYSE: TSM) was respected but boring. It made chips for Apple, Qualcomm, and a long list of fabless designers, and the market valued it like a cyclical industrial. Then the node race got serious. TSMC pulled away from Samsung and Intel at 7nm, then 5nm, then 3nm, and the ... Taiwan Semiconductor Delivers 2,095% Gain Over 10 Years. Will It Continue To Outperform?
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