WS #11602
Broad tech selloff with AMAT down 10%, Samsung down 10%, and DeepSeek developing own AI chips pressuring NVDA. AAPL at fresh high +11% YTD, showing leadership outside AI-capex trade, contradicting the macro tech weakness narrative. SK Hynix planning ~$28B ADR listing on Nasdaq, signaling strong HBM demand and memory cycle strength. NY Fed survey shows US consumers' inflation expectations rose in June, a bearish signal for growth stocks.
AI/Semiconductor Selloff
Broad tech selloff with AMAT down 10%, Samsung down 10%, and DeepSeek developing own AI chips pressuring NVDA.
AAPL at fresh high +11% YTD, showing leadership outside AI-capex trade, contradicting the macro tech weakness narrative.
SK Hynix planning ~$28B ADR listing on Nasdaq, signaling strong HBM demand and memory cycle strength.
NY Fed survey shows US consumers' inflation expectations rose in June, a bearish signal for growth stocks.