WS #11818
SK Hynix record IPO ($26.5B) boosts semiconductor sentiment; NVDA +3.9%, META +6.19% on best week; Cerebras spikes on European data center plans; Meta undercuts AI pricing by 50%. Insider sales detected at DASH (CFO sold 19k shares), SMTC (EVP sold 8.5k), AVGO (officer plans to sell 25k shares), CRWD (CEO sold 20k shares). Commerce Department eases export controls on UAE, will favorably review semiconductor/server applications for MGX, which used Trump-linked stablecoin USD1 for Binance investment; Sen. Warren blasts as 'corrupt'.
AI/Semiconductor Rally Continues
SK Hynix record IPO ($26.5B) boosts semiconductor sentiment; NVDA +3.9%, META +6.19% on best week; Cerebras spikes on European data center plans; Meta undercuts AI pricing by 50%.
Insider sales detected at DASH (CFO sold 19k shares), SMTC (EVP sold 8.5k), AVGO (officer plans to sell 25k shares), CRWD (CEO sold 20k shares).
Commerce Department eases export controls on UAE, will favorably review semiconductor/server applications for MGX, which used Trump-linked stablecoin USD1 for Binance investment; Sen. Warren blasts as 'corrupt'.