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AI stocks stumble while Bitcoin holds its ground
Micron dropped 8% despite 346% revenue growth while Bitcoin gained 9.1% weekly. The AI trade shows cracks as crypto quietly outperforms major tech stocks.
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cryptobriefing.com
Semiconductor stocks stumble as investors question the AI trade
Chip stocks lost 12% in two days as profit-taking and mixed signals from Broadcom and SK Hynix rattled the AI trade. Bitcoin fell too.
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Micron Technology's stock gains signal return to optimism in chip sector
Micron Technology's Q3 revenue of $41.46B crushed estimates, lifting semiconductor stocks and boosting sentiment for AI-linked crypto mining plays.
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economictimes.indiatimes.com
Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI
Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing…
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AI stocks stumble while Bitcoin holds its ground
Micron dropped 8% despite 346% revenue growth while Bitcoin gained 9.1% weekly. The AI trade shows cracks as crypto quietly outperforms major tech stocks.