Chip Stocks -5% as Bond Yields Bite: MU -7%, AMD -4%
Semiconductors led a tech rout Aug 18 as the 10-year yield sat near 4.72%. Micron -7%, AMD -4.3%, SOX -4.98% — while Apple and Microsoft actually rose.
semiconductor stocks
Apple Hikes Mac and iPad Prices; Micron Soars 14% on Beat
Apple fell 5% after raising Mac and iPad prices on memory costs. Micron jumped 14% to $1,195 on Q3 FY26 beat — same AI memory squeeze, both sides.
Tech Rout Sinks Nasdaq 2.2% as Chip Wreck Hits Wall St.
The Nasdaq fell 2.2% Monday and the VIX jumped 13% as semis cracked nearly 8%. Mag 7 fractured: NVDA -4%, Alphabet hit hard, MSFT and AAPL held.
Memory Stocks Rip Ahead of Micron’s Wednesday Print
Chip stocks closed last week with double-digit pops in SNDK, INTC, and MU. Micron’s fiscal Q3 print Wednesday is the next test of the AI memory trade.
Intel Rallies 10.6% as Foundry Adds Packaging Veteran
Intel jumped 10.64% Thursday after naming Seok-Hee Lee EVP of Intel Foundry to lead advanced packaging, as chip stocks rallied.
Intel Starts 18A-P Risk Production, INTC Drops 8.5%
Intel said its 18A-P node entered risk production at the VLSI Symposium, but INTC fell 8.45% to $117.05 as a 217% YTD run met a stretched consensus.
ARM Soars 12% on BofA’s $170B Agentic AI Call
ARM jumps 12% to $384 as Bank of America’s $170B agentic AI thesis lifts the chip trio. NVDA, AMD, INTC ride the same wave.
Marvell Joins S&P 500 June 22 — Up 230% YTD on AI Chip Demand
Marvell Technology joins the S&P 500 on June 22, 2026, replacing Pool Corp. The AI chip designer is up 230% YTD with a $246B market cap.
172k Jobs, $1T Wiped: Nasdaq’s Worst Week in a Year
A hot May payrolls print pushed Fed rate cuts off the table and triggered a 10.4% single-day SOXX collapse, dragging Nasdaq to its worst week in a year.
TSMC at AGM: ‘Will Be a Long Time’ Before AI Supply Catches Demand
TSMC CEO C.C. Wei told the June 4 AGM AI demand still outpaces supply, signaling pricing power as Arizona buildout hits $165 billion.