AI fatigue is gripping the market and driving chip stocks toward their worst stretch in 16 months
Anticipation is building for Anthropic’s investor day as Wall Street grows less patient with heavy AI spending. Source：MarketWatch
How the SEC’s lack of leadership could facilitate crypto rulemaking
A recent change in the SEC’s rules on quorum could make it easier for the agency to amend its approach to crypto regulation in the absence of a market…
Micron’s stock extends declines as China competition heats up
Even Elon Musk says Chinese memorychip makers are catching up. Source：MarketWatch
Live updates: Bitcoin whipsaws between $81,000 and $84,000 as altcoins slide
Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season. Source：CoinDesk
Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff
South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.…
Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
The hardwarewallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changing…
Was Broadcom CEO bullish or bearish on AI? ‘Gamblers’ comment creates storm
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.…
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chipstock contracts on crypto exchanges took a chunk of the…
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
Nvidia and AMD shares fall as new AI announcements fail to re-energize investors
The chip makers introduced hardware and software designs for future AI data centers, but the revenue potential is still far out, an analyst says.…
These stocks could be the future winners — and losers — of a massive shift in IT spending
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.…
Buy these stocks as plays on Google’s big spending, analyst says
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.…