Browse Category
NASDAQ:AMD 4 November 2025 - 12 November 2025
Nasdaq 100 futures dropped nearly 3% before the open on June 23, 2026, as traders retreated from AI-focused tech stocks. SpaceX lost over $600 billion in market value in three sessions. South Korea’s KOSPI index fell 9.99% after sharp declines in Samsung Electronics and SK Hynix. Semiconductor stocks worldwide fell, with European chipmakers also dropping and Nasdaq 100 futures down 2.7% ahead of the Wall Street open. S&P 500 futures fell 1.33%, Nasdaq 100 slid 2.42%, and Dow futures lost 0.60% early in the day. On June 22, the VanEck Semiconductor ETF saw $6.93 billion in net inflows, representing 8.78% of its assets and making it the second largest ETF creation for June 18. This inflow accounted for about 32% of the $21.46 billion invested in U.S. tech sector funds. Intel closed at $133.99 on June 18, up 10.64%, following news that President Donald Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details. Intel finished June 19 up 10.6%, AMD rose 4.9%, and the Philadelphia Semiconductor Index gained 7.3% for the week. Rackspace Technology surged 33.8% after announcing a deal to provide AMD-powered AI compute, with phased rollout from late 2026 to 2028. Earlier in June, AMD was upgraded by Citi, boosting its shares and drawing attention to its AI chips. Markets have been volatile, influenced by Fed policy, inflation data, and geopolitical developments.