Taiwan’s June exports rose 40.3% to $74.83 billion, the third-highest monthly total on record, as US demand for AI servers and semiconductors drove 32 straight months of year-on-year growth.
Tag: semiconductors
Posted inMarkets
S&P 500 posts its best quarter since 2020 on the same day Bitcoin hits a yearly low
The S&P 500 gained 14.8% in Q2 2026, its strongest quarter since Q2 2020, as the Philadelphia Semiconductor Index soared 87.8% — while Bitcoin fell to $58,631, its lowest point of 2026.
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US chip stocks cap worst AI week yet as semiconductor index sheds 5.3%
The PHLX Semiconductor index fell 5.3% on June 29 as Micron shed 6.7% and AMD declined 2.1%, capping a week in which the Nasdaq lost 4.6% amid deepening doubt about near-term AI revenue.
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Qualcomm closes $3.9 billion Modular deal and advances Tenstorrent talks in $14 billion AI chip push
Qualcomm confirmed the $3.9 billion acquisition of AI software startup Modular on 24 June while continuing talks to buy chip designer Tenstorrent for up to $10 billion.
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SK Hynix targets $29 billion Nasdaq listing to fund AI memory expansion
South Korea’s SK Hynix filed to list ADRs on Nasdaq on 10 July, seeking to raise roughly $29 billion in what would rank among the largest US share offerings on record.
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Micron guides Q4 revenue to $50 billion as AI memory demand outruns supply
Micron reported Q3 FY2026 revenue of $41.46 billion — smashing guidance by $8 billion — and guided Q4 to $50 billion as AI memory demand outpaces chip supply.
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KOSPI tumbles nearly 10% as South Korea’s AI semiconductor rally cracks
South Korea’s KOSPI fell 9.99% on June 23, triggering a circuit breaker absent since the 2020 COVID crash, as SK Hynix and Samsung each lost more than 12% in a single session.
Posted inTech
House panel clears bill to subject AI chip exports to weapons-sale review
The House Foreign Affairs Committee advanced the AI OVERWATCH Act 42–2–1, a bill that would require congressional review of advanced chip exports to adversaries and ban Nvidia Blackwell sales to China for two years.
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Intel stock leaps 10.6% as Trump announces Apple chip manufacturing deal
Intel shares jumped 10.6% on June 18 after President Trump announced Apple and Intel would work together on US chip design and manufacturing.
Posted inTech
London Tech Week closes with £6bn in AI pledges and a national compute push
London Tech Week 2026 concluded with £6 billion in AI pledges, including AMD’s £2bn five-year commitment and a UK government £1.1bn AI Hardware Plan anchored by a £750m national supercomputer.