JPM: AI CHIP RALLY MAY BE HARD TO SUSTAIN JPMorgan says AI chip stocks may struggle to keep outperforming hyperscalers over the long term. The bank expects either stronger AI monetization will help cloud providers catch up, or heavy AI spending could eventually curb hyperscaler capex and weaken chip demand. While JPM favors the positive scenario, slowing capex forecasts remain a key risk for semiconductor stocks. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 20:08
GOLDMAN: INVESTORS TRIM BIG TECH EXPOSURE Goldman Sachs says investors are reducing exposure to the Magnificent Seven as they favor AI beneficiaries, such as semiconductor companies, over hyperscalers funding heavy AI spending. The bank believes markets are rewarding companies generating returns from AI investments while questioning those bearing the costs. Until hyperscalers show stronger earnings growth, caution toward mega-cap tech is likely to persist. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 19:47
Jefferies raises ASML, STMicro price targets on European semiconductor re-rating Stock Market News · 07-02 19:30
BITCOIN HIT BY RATE, STRATEGY CONCERNS Bitcoin remains under pressure as expectations of higher U.S. interest rates weigh on sentiment. Investors are also reacting to reports that Strategy may sell Bitcoin to raise cash, despite previous comments from Michael Saylor. Analysts say capital continues to rotate from crypto into AI and semiconductor stocks. *Walter Bloomberg (@DeItaone) / Twitter · 07-01 21:07
Micron Earnings to Be ‘Gut Check Moment’ for Markets, Dan Ives Says Bloomberg Technology · 06-24 20:25
SK Hynix Seeks to Raise $29 Billion in US Listing to Meet AI Chip Demand Bloomberg Technology · 06-24 19:59
South Korea’s SK Hynix to raise up to $29 billion in US listing in July Stock Market News · 06-24 17:18