The Dow, S&P 500, and Nasdaq posted gains in the final trading hour on July 13 despite a semiconductor selloff triggered by SK Hynix's sharp decline.

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.

South Korean semiconductor shares experienced a significant surge on Wednesday. This rally was fueled by softer U.S. inflation data and renewed AI demand optimism. SK Hynix and…

The Dow, S&P 500, and Nasdaq posted gains in the final trading hour on July 13 despite a semiconductor selloff triggered by SK Hynix's sharp decline.

SK Hynix and Samsung plunged 12% as Asia's semiconductor selloff triggered a KOSPI circuit breaker. Bitcoin showed resilience amid the AI stock carnage.