Asia Markets: Kospi Selloff Hits AI Shares in Region

Asia stocks tumbled Monday. South Korea’s KOSPI slid 8.3% for the biggest loss in the region, as traders pulled back from AI chip names and oil climbed on new Middle East clashes. Japan’s Nikkei dropped close to 4%. Taiwan’s Taiex was off 3.5%. Hong Kong and Shanghai both ended lower.

AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

AI Memory ETF Reaches $10 Billion Mark Quicker Than Any Previous Fund

Roundhill’s Memory ETF crossed $10 billion in assets in under two months after launching, breaking the previous record for the quickest ETF to reach that mark. Investors have rushed into memory-chip stocks on the artificial-intelligence theme. DRAM is up 87% since its April 2 launch and has brought in $8.6 billion of inflows, the Financial Times said, citing Morningstar data.
S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

Stock-index funds in the U.S. moved up late Tuesday after both the S&P 500 and Nasdaq Composite ended at fresh records. The S&P 500 was up 0.61% to 7,519.12, the Nasdaq climbed 1.19% to 26,656.18, and the Dow Jones Industrial Average slipped 0.23% to 50,461.68. Chris Zaccarelli, chief investment officer at Northlight Asset Management, called this year’s tech gains “reminiscent of the boom at the end of the 1990s.” Adam Sarhan at 50 Park Investments said Middle East tensions still seemed likely to “resolve itself in a peaceful fashion sooner rather than later.”
Asia Chips Rally Lifts Nvidia, Samsung Shares

Asia Chips Rally Lifts Nvidia, Samsung Shares

Asian stocks climbed Thursday, with gains in chipmakers after Nvidia’s outlook kept interest in AI plays and Samsung Electronics avoided a strike seen as a risk for the global chip supply chain. MSCI’s Asia-Pacific shares ex-Japan index gained 2.6%. South Korea’s KOSPI rallied more than 7%. Taiwan stocks rose 3.5%. Japan’s Nikkei 225 was up 3.6%. Dan Ives at Wedbush said it’s “Nvidia’s world with everybody else paying rent.” Tony Sycamore at IG called market moves “relatively muted.”
Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

Nvidia’s Physical AI Push Is Pulling Asia’s Tech Stocks Into a New Race

Nvidia’s focus on “physical AI”—that is, artificial intelligence powering robots, vehicles, and factory systems operating in the real world—has been pulling more attention to the chipmaker, especially as Asian suppliers take on a larger role in its supply chain. Bloomberg data put Asian firms at roughly 90% of Nvidia’s production costs now, a jump from about 65% a year ago.
Best Stock To Buy Today Outside The U.S.? SK Hynix’s AI Rally Forces The Question

Best Stock To Buy Today Outside The U.S.? SK Hynix’s AI Rally Forces The Question

Shares of SK hynix jumped 5.73% to 1,292,000 won on Monday, lifting Seoul’s KOSPI to another all-time high as investors chased chipmakers tied to AI. “There’s anticipation around companies linked to AI data centers,” Daishin Securities analyst Lee Kyoung-min said, highlighting semiconductor and power-equipment players in the broader AI value chain.
S&P 500 Hits ‘Line in the Sand’ at 200-Day Support as Oil, Fed Jitters Revive 10% Drop Call

S&P 500 Hits ‘Line in the Sand’ at 200-Day Support as Oil, Fed Jitters Revive 10% Drop Call

U.S. stocks sit at a crossroads heading into Thursday, after the S&P 500 closed Wednesday just above its 200-day moving average—finishing at 6,624.70, with the long-term trendline coming in at 6,615.70. That line is in sharp focus for money managers. BTIG warns that if the index drops through 6,600, there’s potential for a move down to 6,000. Over on the Dow and Nasdaq, both have already fallen through their own 200-day marks.
AI stocks brace for a big week: Micron slips on Samsung HBM4 talk as Nvidia looms

AI stocks brace for a big week: Micron slips on Samsung HBM4 talk as Nvidia looms

Micron Technology stock slipped ahead of the bell Monday, following a Barron's piece pointing to a report that Samsung Electronics plans to kick off mass production of its next-gen high-bandwidth memory, HBM4, later this month. The chips are intended for Nvidia’s AI processors.
Micron stock dips after report says Nvidia HBM4 orders may bypass it for SK Hynix, Samsung

Micron stock dips after report says Nvidia HBM4 orders may bypass it for SK Hynix, Samsung

Shares of Micron Technology fell 0.5% ahead of Friday’s open after Semianalysis downgraded its forecast, now expecting Micron to miss out entirely on supplying HBM4 memory for Nvidia’s next products. https://www.investing.com/news/stock-market-news/micron-stock-dips-as-analyst-slashes-nvidia-hbm4-supply-forecast-to-zero-4491031
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