Browse Category
Technology 22 June 2026 - 23 June 2026
Semiconductor stocks experienced significant declines globally, with South Korea’s KOSPI dropping nearly 10% and European chipmakers also falling. Nasdaq 100 futures were down over 2% ahead of the Wall Street open. Microsoft shares rose 1.1% premarket after a previous decline, while investors focused on Chevron’s AI data center power deal and ongoing concerns about AI infrastructure costs. Netflix shares rebounded slightly in premarket trading after hitting a 52-week low, drawing attention to subscriber cancellations and ad revenue. Intel dropped about 8% premarket following a strong previous session, with investors watching rate risks and concerns about debt-fueled AI spending. Super Micro fell 6.3% premarket after a strong Monday, following a new data-center design launch and an upgrade from GF Securities. Anthropic secured a supply and investment deal with Micron Technology, which will provide memory and storage ahead of Anthropic’s expected IPO. Dominion Energy traded near its 52-week high as it seeks to benefit from Virginia data-center demand and awaits a potential takeover by NextEra Energy. Micron shares hit a record high, driven by the Anthropic deal and AI data center demand. Tesla shares gained as focus remained on its robotaxi strategy and possible closer ties among Elon Musk’s companies. Snap closed lower, with investors watching capital discipline and remaining buyback capacity. UiPath traded down ahead of its annual meeting, with attention on recurring-contract growth and buyback potential. Applied Optoelectronics rose after a China unit doubled its credit line, signaling manufacturing expansion. Broadcom fell despite reassurances about its Google TPU roadmap, with risks centered on securing large-scale AI infrastructure deals. TSMC’s U.S.-listed shares rose, with June sales as a key catalyst and risks tied to AI capacity spending. MARA outperformed bitcoin and peers, with weak institutional demand for bitcoin ETFs noted. SK Hynix surpassed Samsung Electronics in market cap, reflecting high demand for high-bandwidth memory in the AI supply chain. Getty Images jumped on a multi-year display deal with OpenAI, though financial details were not disclosed. Western Digital and Sandisk saw gains as traders focused on AI-driven storage demand and NAND pricing power. Nokia shares edged lower, with the stock adjusting to an AI-infrastructure rerating as