Asian Tech Stocks Slide After Report on Nvidia’s Servers
7 Articles
7 Articles
Icarus-Like Momentum Stocks Feel The Heat of Profit Taking
Key News Asian equities were largely higher in advance of Samsung’s Q2 financial results tomorrow, whose profits are expected to increase 18X year-over-year (YoY), though the emphasis will be on their outlook, as memory chip prices rise. Overnight, there was chatter that Intel will raise prices on several products, while Nvidia has run into issues on the latest “Kyber rack” server cabinet rollout. The rotation from momentum-driven AI picks and s…
AMD stock rebound weighs on AI premium after Nvidia delay chatter
NEW YORK, July 6, 2026, 05:04 (EDT) Advanced Micro Devices traded up ahead of the bell, though the early move clawed back just 56% of what it lost in the last session. Nvidia news and a minor customer update moved the trade, with less impact from AMD's new guidance. AMD’s market cap was under a…
Media reports of a significant delay for Nvidia's next-generation AI server system are shaking up AI stocks.
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