Today: 15 June 2026
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Semiconductors 6 June 2026 - 13 June 2026

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
12 June 2026
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Semiconductor Index Drops After Oracle Details $95 Billion AI Spend, Nvidia and Broadcom Under Pressure

Semiconductor Index Drops After Oracle Details $95 Billion AI Spend, Nvidia and Broadcom Under Pressure

Oracle shares plunged 8.9% in after-hours trading as investors balked at the company’s plan to spend up to $95 billion on capital expenditures in fiscal 2027, raising $40 billion through debt and equity, shifting AI market focus from booming demand to funding anxiety and dragging the PHLX Semiconductor Index down 3.57%.
11 June 2026
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Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel shares fell 0.8% to $107.04 as the stock’s main catalyst—a reported Google order for over 3 million Intel-made TPUs for 2028—remains unconfirmed, while the Philadelphia Semiconductor Index plunged 3.6% and tech stocks entered correction territory, highlighting investor focus on external foundry demand amid sector-wide profit-taking and supply chain concerns.
11 June 2026
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Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel shares plunged 4.6% to $105.25 after Monday’s Google-fueled rally, as investors took profits and chip stocks broadly sold off; the drop highlights that Intel’s valuation now hinges on its ability to secure major foundry customers like Google, but the reported order remains unverified and sector-wide momentum is fading.
9 June 2026
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Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

Cerebras Systems surged 18.32% Monday and jumped another 3.66% premarket to $246.53 after at least nine Wall Street banks launched bullish coverage, spotlighting the AI-chip maker’s rapid rise as a public-market test for AI hardware demand beyond Nvidia, with investor focus on its massive OpenAI deal and AWS partnership—but risks loom if OpenAI demand shifts or rivals defend their turf.
9 June 2026
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Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Technology surged 9.6% to $288.85 after being picked for the S&P 500, extending a 59% rally since May 27, as passive funds prepare to buy shares before its June 22 entry; the move follows record revenue, strong AI bookings, and Nvidia’s $2 billion investment, but risks remain after a recent sector selloff and warnings of overbought conditions.
9 June 2026
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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.
8 June 2026
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Stock Market Today

  • SpaceX IPO Valued at $1.78 Trillion, Joins $1 Trillion Market Cap Club
    June 15, 2026, 12:39 PM EDT. Elon Musk's SpaceX priced its initial public offering (IPO) at $135 per share, valuing the company at $1.78 trillion. The stock debuted on Nasdaq on June 12 at $150 and closed at $160.95, a 19.2% gain, pushing SpaceX's market capitalization to $2.1 trillion. This marks SpaceX as the sixth-largest U.S. company by value and contributes to a record 12 U.S. companies now trading with market caps exceeding $1 trillion, including Walmart and Micron in 2026. Tech analyst Dan Ives highlighted the IPO as a milestone amid the AI and data revolution. Market capitalization reflects company value but future growth depends on ongoing innovation and performance.

Latest articles

Boeing Shares Dip After Report of Air India 737 Delivery Delay

Funds Buy Into Boeing, Filings Point to Millions in BA Purchases

15 June 2026
Venture Visionary Partners boosted its Boeing stake by 37.9% in Q4, joining Clear Street Group and Great Lakes Advisors in raising positions as institutional ownership hit 64.82%; Boeing shares rose $10.12 to $229.17 Monday as investors weighed delivery recovery against ongoing production and cash-flow risks, with recent filings highlighting increased institutional exposure after a volatile period.
Apple Faces Key AI Event, Wall Street Focuses on Siri

Apple Shares Get Lift After Goldman Pushes Siri AI Post-WWDC

15 June 2026
Apple shares jumped 2.1% to $297.31 after Goldman Sachs reiterated a Buy rating and $340 price target, citing WWDC 2026 announcements that clarified the path for Siri AI and Apple Intelligence monetization, while warning that rollout limits in the EU, China, and on older devices remain key risks for future upgrades and services revenue.
Exxon Mobil Drops With Oil After U.S.-Iran Deal

Exxon Mobil Drops With Oil After U.S.-Iran Deal

15 June 2026
Exxon Mobil shares tumbled 4% to $141.10 as crude prices plunged after a U.S.-Iran framework deal raised hopes for reopening the Strait of Hormuz, intensifying pressure on a stock already under scrutiny for weaker Q1 earnings and margin compression, with Brent and WTI hitting multi-month lows and energy stocks broadly declining.
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