...an "unwindy tape" as China's chipmaking challenge pours cold water on the TACO gains...
Sandisk and ASML plunge on China export curbs; Big Tech accelerate AI hiring. Chip supply shortage pressures capex; hiring boom signals AI-augmented workforce adoption (not replacement), requiring concurrent infrastructure and talent investment.
ASML falls 8.5% on Chinese chipmaker threat; Nvidia's hedging costs surge amid $750B AI infrastructure deal wave. Signal: chip supply-chain vulnerability and geopolitical volatility threaten enterprise AI capex planning and vendor commitments.
Some indices closed higher as investors welcomed a temporary pause in Mideast hostilities
Sandisk, ASML, and More Chip Stocks Hit China Roadblocks
US-Iran strike pause cuts oil USD 7/bbl, but NVIDIA slides on USD 250bln OpenAI data centre deal and ASML on China DUV lithography production. Signals AI infrastructure consolidation (NVIDIA+OpenAI) amid geopolitical supply-chain risk that will reshape IT procurement.
US pauses strikes on Iran over the weekend, reports point towards concern on shrinking inventory of defenses; Trump says having very deep talks with Iran, if unsuccessful,"we will…
Sandisk and More Chip Stocks Hit China Roadblocks
Goldilocks is dead, today was a spaghetti western... do you feel lucky?