WS #12392
SK Hynix crashes 15.37% after Nasdaq debut; memory stocks under pressure; Meta's potential $10B compute deal with Anthropic raises in-sourcing fears, hitting CoreWeave; AI build-out spending poses inflation risk. US June inflation cooled to 3.5% but AI build-out spending (over $700B) threatens to keep inflation elevated; Bank of Korea ends three-year rate freeze due to AI chip boom.
AI/Tech Sector Selloff
SK Hynix crashes 15.37% after Nasdaq debut; memory stocks under pressure; Meta's potential $10B compute deal with Anthropic raises in-sourcing fears, hitting CoreWeave; AI build-out spending poses inflation risk.
US June inflation cooled to 3.5% but AI build-out spending (over $700B) threatens to keep inflation elevated; Bank of Korea ends three-year rate freeze due to AI chip boom.