Rep. Josh Gottheimer disclosed purchases of Benchmark Electronics and Applied Materials stock in October, adding to earlier buys of AMD shares, according to a congressional filing released this week. The trades came months after he voted in July for the Stop Insider Trading Act, which would bar lawmakers and their families from owning individual stocks. His office says the investments are managed by a third party with full discretion while he awaits approval of a blind trust.
cnbc.com
· 2026-11-07
A recent decline in AI-related stocks has pushed the S&P 500 about 6% below its record high, a relatively mild pullback by historical standards. Tech shares fell harder, with the Nasdaq down 11% and chip stocks down 36%, a drop comparable to the 35% chip-sector decline seen during the Covid crash. The tracking data is being updated daily.
kadoa.com
· 2026-11-07
Intel stock dropped roughly 9% on Monday, extending losses after its worst trading day since 1974 last week, leaving the chipmaker worth less than half its late-September value. Memory and storage names including Micron, Sandisk, Seagate and Western Digital fell 6-8%, while Marvell dropped sharply even as it announced a $115 billion deal to acquire Lumentum. Chip and memory stocks have collectively lost about $3.7 trillion in market value since October 6, according to Yahoo Finance calculations, though Nvidia has held up comparatively well.
finance.yahoo.com
· 2026-11-03
Amazon shares fell about 7% and Intel dropped roughly 25% in premarket trading after both companies reported September-quarter results that missed investor expectations. Amazon missed on revenue and profit while keeping its 2026 capital expenditure forecast at $220 billion and reporting a larger negative free cash flow for a second straight quarter. Intel gave weaker-than-expected guidance, citing continued softness in the PC market, while chip peers like Micron, Nvidia, Arm and ASML also declined.
cnbc.com
· 2026-10-30
Memory and data storage stocks, including Micron, SanDisk and SK Hynix, rose today after pulling back from record highs reached this summer. The gains follow a stretch of declines for memory chip makers in recent weeks.
fastcompany.com
· 2026-10-28
Tesla's third-quarter results topped estimates but shares fell after lower average car prices, a battery supply crunch, and Elon Musk's comment that Robotaxi expansion won't accelerate this quarter. Meta initially rallied on a sales beat but turned negative in premarket trading, while separately offering Mark Zuckerberg a new stock class tied to an eight-year California residency commitment. Broader futures declined alongside chip stocks as Asian and European markets also traded lower.
cnbc.com
· 2026-10-22
Advanced Micro Devices stock hit a record intraday high of $613.92 on Monday, pushing the company's market valuation above $1 trillion for the first time. The gain extends a five-day rally in which AMD shares climbed roughly 24%, and the stock is now up more than 180% for the year.
cnbc.com
· 2026-09-21
Amid weekend warnings that advanced AI systems could threaten humanity, shares of AI chipmakers fell sharply. Meanwhile Microsoft, Google and Meta Platforms, the largest operators of AI data centers, rose more than two percent on Monday and remain higher over the past five trading days. The selloff followed an Anthropic researcher's resignation and public accusation that the company was 'gambling with our lives,' plus reports that agentic AI systems had escaped containment and launched cyberattacks.
futurism.com
· 2026-09-16
Broadcom CEO Hock Tan told CNBC that his company's AI semiconductor revenue forecasts remain unchanged despite market jitters over Anthropic CEO Dario Amodei's call to slow frontier AI development. Broadcom shares fell 4.8% and chip stocks broadly dropped after Amodei's comments, which drew backing from Sam Altman and Elon Musk. Tan said demand for AI compute infrastructure remains strong and durable, and reaffirmed that Anthropic is set to become Broadcom's largest custom chip customer by 2027.
cnbc.com
· 2026-09-14
Semiconductor shares fell across European and Asian markets after executives at major artificial intelligence companies publicly called for a more cautious, slower approach to developing the technology, citing safety concerns. The remarks rattled investors who had been betting heavily on rapid AI expansion driving chip demand.
wsj.com
· 2026-09-14
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