Today: 23 June 2026
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NASDAQ:NVDA 6 June 2026 - 9 June 2026

Nvidia closed Monday down 0.97% at $208.65, as large tech stocks weighed on the Nasdaq Composite, which fell 1.3%, while the S&P 500 dropped 0.4% and the Dow gained 0.3%. The VanEck Semiconductor ETF saw $6.93 billion in net inflows in a single day, accounting for 8.78% of its assets and about 32% of all U.S. technology sector fund inflows. Nvidia traded 0.5% lower in premarket after a 3% jump on Thursday, with the decline attributed to broader market factors like U.S.-Iran talks, lower Brent crude prices, and rising yields. AI stocks continued to rise, and SK Hynix surpassed Samsung as South Korea’s largest listed company, driven by memory chip demand. GE Vernova, Vertiv, and Eaton posted strong weekly gains, while Nvidia rose 2.7%. U.S. regulators gave regional grid operators 60 days to review rules for connecting large electricity users. Flex is set to join the S&P 500, closing at $147.61 after heavy trading. Last week, the S&P 500 gained 0.93%, Nasdaq 2.43%, and Dow 0.71%. Upcoming catalysts include May PCE inflation data and Micron’s earnings report. Trump’s financial disclosures revealed large transactions in Nvidia, Apple, and an S&P 500 index fund, and family holdings in Trump Media and American Bitcoin. Congressional filings showed significant stakes in major tech companies and recent options activity. Intel closed up 10.64% after Trump announced Apple would work with Intel on U.S. chip design and manufacturing, though Apple and Intel had not confirmed details.
Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

Nasdaq and S&P 500 tumbled midday, erasing early chip-stock gains as tech shares slid; Philadelphia Semiconductor Index dropped 2% after jumping 3%, with Broadcom, Micron, and Nvidia under pressure. Investors await key inflation data Wednesday and SpaceX’s massive IPO, both seen as catalysts for further volatility amid concerns that high valuations in AI and tech could face profit-taking if rate fears persist.
OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI has confidentially filed for a possible IPO, but investors won’t see key financials—including revenue quality, cash burn, and compute costs—until the S-1 goes public; with $2 billion monthly revenue and a recent $852 billion valuation, the filing signals a pivotal shift as AI giants race for public capital amid rising infrastructure costs and growing competition from Anthropic.
Nasdaq rises as AI names find support after market selloff

Nasdaq rises as AI names find support after market selloff

Nasdaq surged 1.27% as investors snapped up AI and chip stocks after Friday’s rout, with the Philadelphia Semiconductor Index jumping 6.2%; Citigroup hiked its S&P 500 year-end target to 8,100 on AI demand, but Goldman Sachs warned strong jobs data makes a Fed rate hike more plausible, posing risks to growth stocks if inflation surprises.
Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Intel soared 8.5% to lead a 4.6% surge in chip stocks after reports Alphabet tapped it to make 3 million in-house chips and Nvidia was evaluating its technology, powering a 1.43% Nasdaq jump as investors returned to AI trades ahead of Wednesday’s key inflation data; Citigroup raised its S&P 500 target to 8,100, but Goldman Sachs warned the Fed may keep rates unchanged through 2026.
SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL surged nearly 15% to $209.62 Monday after last week’s 30.5% plunge, as chip stocks rebounded from a $1.3 trillion rout; leveraged ETF swings highlight the risks of daily resets, with Direxion and regulators warning these funds are trading tools, not long-term bets, especially as investors eye upcoming inflation data and Fed meetings.
Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Nasdaq 100 futures jumped 0.69% as chip stocks rebounded premarket after a $1.3 trillion rout Friday, but surging oil prices and a sharp rise in Fed rate-hike bets fueled concerns about inflation and growth stock valuations, with Goldman Sachs now seeing no Fed rate cuts until 2027 and Citigroup warning AI-driven gains may not last beyond 2027.
Nvidia’s $5 Trillion Valuation Gets Put to the Test Monday

Nvidia’s $5 Trillion Valuation Gets Put to the Test Monday

Nvidia shares hovered near Friday’s 6% drop and $300 billion market cap loss despite new South Korean AI deals, as chip stocks reeled from fears of higher U.S. rates and regulatory risks; investors await Monday’s open to see if fresh partnerships can offset sector volatility and valuation pressure.
8 June 2026
Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas plunged $5.61 to $25.08 Friday as a $1.3 trillion chip selloff erased Nvidia-driven gains, despite news it issued 3.28 million shares for merger earn-outs and showcased its GaNFast power board at Nvidia’s AI MGX event; investors now face risks from share dilution, sector volatility, and Navitas’s early-stage pivot to high-power AI markets amid ongoing operating losses.
Nvidia Shares Drop Hard; AI Trade Faces Test Monday

Nvidia Shares Drop Hard; AI Trade Faces Test Monday

Nvidia lost over $300 billion in value Friday as a chip stock rout hit after a strong jobs report fueled Fed rate hike fears; shares fell 6.2% to $205.10, despite record revenue and bullish forecasts, with traders bracing for Monday’s open amid concerns higher rates and AI-linked IPOs could draw cash away from chip leaders.
AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

U.S. chip stocks plunged Friday, erasing $1.3 trillion and ending the S&P 500’s nine-week rally as a strong jobs report, looming Fed meeting under new chair Kevin Warsh, and Broadcom’s weak update triggered the worst market day since October; the Philadelphia chip index sank 10.3%, with analysts warning of a possible tactical pullback and risks if selling accelerates.
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Stock Market Today

  • Micron Shares Soar to Record on AI Memory Demand Ahead of Earnings
    June 22, 2026, 7:38 PM EDT. Micron Technology shares hit an all-time high, climbing 6.9% to $1,211.38 driven by robust demand for AI-related memory and storage. The Boise-based chipmaker announced a strategic deal and investment with AI firm Anthropic, emphasizing the growing importance of high-bandwidth memory (HBM) and DRAM in AI data centers. Micron's market capitalization reached approximately $1.38 trillion despite a broader tech sell-off. Analysts raised price targets ahead of Micron's fiscal Q3 earnings report due Wednesday, with expectations for revenue of $36.15 billion and adjusted earnings of $20.95 per share. The chip sector rallied, with the PHLX Semiconductor Index up 2.04%. Investors are closely watching Micron's ability to maintain strong gross margins amid a global memory shortage impacting the AI chip market.

Latest articles

Keel Shares Hit Record—What’s Next for the Stock

Keel Shares Hit Record—What’s Next for the Stock

23 June 2026
Keel Infrastructure Corp. surged 5.9% to a 52-week high as investors bet its power sites can be converted to AI data-center leases, with shares ending at $6.66 on heavy volume; the stock’s rally now hinges on permits, construction, and landing customer contracts, while upcoming Russell 3000 index inclusion and recent $458 million convertible note financing add both opportunity and dilution risk.
Nokia Shares Pop After Google Cloud AI Announcement

Nokia Shares Pop After Google Cloud AI Announcement

23 June 2026
Nokia shares surged 4.2% in Helsinki and 7.0% in New York after announcing an expanded AI network-software partnership with Google Cloud, as investors shift focus to Nokia’s role in AI infrastructure; the deal integrates Google’s Gemini AI into Nokia’s network management tools, with SaaS launch set for September and more features due through 2027.
Dominion Energy Faces $67 Billion Test From Virginia Data Center Power Surge

Dominion Energy Faces $67 Billion Test From Virginia Data Center Power Surge

23 June 2026
Dominion Energy shares hovered near a 52-week high as investors weighed surging Virginia data-center power demand and the pending NextEra takeover, with the stock closing at $68.04, down 0.54%; the deal’s outcome and regulatory approvals could determine whether Dominion’s capital plan becomes shareholder gains or a balance-sheet risk.
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