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Artificial Intelligence 18 June 2026 - 19 June 2026
On June 18, 2026, U.S. stock markets saw notable moves ahead of the Juneteenth holiday closure. Cisco ended a four-day losing streak, rising 1.88% to $119.54 with above-average trading volume. Bloom Energy surged 15.4% to a record $328.91 as investors favored AI power-infrastructure stocks, while FuelCell Energy jumped about 20% on optimism for securing data-center power contracts. Nvidia gained 2.8% to nearly $210, reaching a $5.1 trillion market value, and the Nasdaq Composite climbed 1.9%. Marvell Technology rose 7.27% to $310.58 after reports that Amazon Web Services is considering selling its Trainium AI chips to other firms, prompting KeyBanc to raise its price target. Qnity Electronics advanced 7.2% amid a broader chip rally, with the iShares Semiconductor ETF up 7.4%. Corning rebounded, driven by investor focus on its AI data-center exposure. Amazon shares climbed 2.4% following news of potential AI chip sales to external data centers. Apple is expected to raise product prices due to higher memory and storage chip costs, as AI data centers divert supply from consumer devices. Salesforce shares remained under pressure despite record results, with concerns about its $3.6 billion Fin deal and AI pricing risks. IBM fell 6.9% after Accenture’s weak sales outlook and flagged concerns about AI control. Meta dropped over 5% as an executive involved in AI-for-work restructuring departed. Alphabet slipped 0.42% premarket as Noam Shazeer, co-lead of Gemini, left for OpenAI, intensifying the AI talent race. Kazakhstan announced a $10 billion AI data-center project, facing challenges in power, funding, and chip access.