News
Micron Technology slumped 4.3% in extended trading, dragging the semiconductor sector lower as investors question whether the AI spending boom can justify current valuations. All eyes are on this week’s bank earnings and CPI data for the next market catalyst.
News
Qualcomm (QCOM) bounced 2.44% in after-hours trading after a brutal chip selloff, as the Philadelphia Semiconductor Index plunged 4% in a single day and markets question the sustainability of the AI chip boom.
News
Apple commits to its largest-ever U.S. manufacturing pledge with a $30 billion-plus deal for custom wireless chips from Broadcom. Shares edged lower as the market shrugged off the news.