Today: 21 July 2026
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Semiconductors 10 June 2026 - 18 June 2026

Intel shares move higher as Trump says Apple picking Intel for U.S. chips

Intel shares move higher as Trump says Apple picking Intel for U.S. chips

Intel is up sharply in U.S. premarket hours Thursday after President Donald Trump said Apple will partner with the chipmaker to design and produce chips in the U.S. Trump’s comments could give a lift to Intel’s contract manufacturing push. Dow Jones said the stock added over 7%, trading at $129.84 before the bell, which would be a record close if it holds.
June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

U.S. officials have held off adding China’s DeepSeek, memory chipmaker ChangXin Memory Technologies and more than 100 other firms to a trade blacklist despite their being flagged as security risks, two people familiar with the matter told Reuters. The delay puts a sharper edge on this week’s semiconductor news: Washington is trying to build more of the chip supply chain at home while keeping advanced technology away from China.
Intel Holds Near Recent Highs After AI Run; Investors Watch Foundry Progress

Intel Holds Near Recent Highs After AI Run; Investors Watch Foundry Progress

Intel Corporation shares were mostly flat in early trade Tuesday, down 0.05% at $127.80, after chip stocks ran up on Monday. That keeps Intel’s market value near $649 billion. Tuesday’s small decline follows a sharp move higher in the group, as memory and data-storage names jumped and the Philadelphia Semiconductor Index set a new high, up more than 4%.
Intel stock gains after BofA upgrade, foundry business in focus

Intel Gains as Chip Shares Recover

Intel shares surged Monday, jumping $3.26 to finish at $127.86 as chip stocks and AI names rebounded. INTC saw heavy volume, trading more than 134 million shares and moving between $125.30 and $132.51. The Nasdaq closed 3.07% higher. Philadelphia Semiconductor Index ended the day over 5% up at a record, Reuters reported.
SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

• SMH traded above $646 around midday Monday, after finishing at $619.96 on June 12.• Lam Research, Marvell, Arm, ASML and Kulicke & Soffa extended their gains, building on last week’s chip rally.• Market strength continued as buyers stayed with AI infrastructure names.
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 Technology shares are back within reach of the $1,000 mark after a sharp rebound in chip stocks, with MU closing Thursday at $995.87, up 11.66%, and indicated slightly lower in early Friday premarket trading. The move matters because Micron has become one of the clearest stock-market proxies for the AI memory boom, with its market value around $1.14 trillion and investors now debating whether the rally still has room to run.
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

Chip stocks took another hit Thursday as investors kept tallying up what the AI wave is costing. The PHLX Semiconductor Index, or SOX, dropped 3.57% on Wednesday. Oracle’s numbers, out after the bell, only raised more doubts about how much more cash—debt and equity—will be needed to fund the AI push before chipmakers actually see lasting profits from demand.
Navitas Semiconductor Drops After $500 Million Share Sale Puts Nvidia AI Trade to Test

Navitas Semiconductor Drops After $500 Million Share Sale Puts Nvidia AI Trade to Test

Navitas Semiconductor Corporation shares dropped hard Wednesday. Investors seemed less interested in the AI power-chip pitch and more worried about a possible $500 million stock sale. The company filed for the share sale, raising dilution concerns. NVTS last traded at $20.75, off $2.10, after moving more than 22.9 million shares. The stock hovered just above its low for the day at $20.74.
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