WS #11607
Semiconductor stocks plunge on Samsung profit-taking and DeepSeek's own AI chip plans, dragging Nasdaq 100 down ~1.9%. SK Hynix's $28B US listing multiple times oversubscribed ahead of pricing, signaling strong memory demand. Microsoft replaces OpenAI and Anthropic with own AI in some apps, a positive for MSFT's AI strategy. AAPL testing highs while Nasdaq 100 falls 1.6%, showing relative strength. NY Fed survey shows year-ahead inflation expectations rose to 3.7% from 3.5%, bearish for growth stocks.
Tech/Semiconductor Selloff
Semiconductor stocks plunge on Samsung profit-taking and DeepSeek's own AI chip plans, dragging Nasdaq 100 down ~1.9%.
SK Hynix's $28B US listing multiple times oversubscribed ahead of pricing, signaling strong memory demand.
Microsoft replaces OpenAI and Anthropic with own AI in some apps, a positive for MSFT's AI strategy.
AAPL testing highs while Nasdaq 100 falls 1.6%, showing relative strength.
NY Fed survey shows year-ahead inflation expectations rose to 3.7% from 3.5%, bearish for growth stocks.