Wall Street Chip Selloff Deepens as Nasdaq and S&P 500 Fall Over 1%
Semiconductor stocks led a broad Wall Street selloff, pushing the Nasdaq and S&P 500 down over 1% as valuation corrections intensified.
Semiconductor stocks led a broad Wall Street selloff, pushing the Nasdaq and S&P 500 down over 1% as valuation corrections intensified.
SK Hynix is set to debut on the Nasdaq on July 10, raising $29 billion to bolster HBM research and production, aiming to capture the AI hardware market.
U.S. stocks recorded their best first half since 2020, led by semiconductor stocks, highlighting the resilience of AI demand against geopolitical headwinds.
SpaceX debuted on Nasdaq on June 12, 2026, reaching a $2.2 trillion valuation with a 19% first-day surge. Elon Musk's net worth hit $1.11 trillion, making him the world's first trillionaire. The IPO signals a new capital-intensive phase for the space industry.
SpaceX has officially debuted on the Nasdaq following a $75 billion capital raise, marking a historic milestone that shifts the aerospace giant into the public spotlight while raising questions about Musk's governance model.
SpaceX has officially priced its shares at $135, raising $75 billion in the largest IPO in history. The listing is subject to strict SEC oversight and ITAR regulations, with future growth dependent on Starlink expansion and continued leadership in aerospace innovation.
The NASDAQ Composite reached 26,996.168 points as traditional tech firms like Dell and Cisco benefit from the AI boom, driving market growth.
Cerebras Systems debuted on the Nasdaq with a massive surge, doubling its IPO price and reaching a $100 billion valuation, marking a milestone for AI infrastructure investment.