Overview
- After an early-week selloff, major AI semiconductor names including Nvidia, Broadcom, AMD, and Micron staged a rebound as traders saw the dip as a buying opportunity.
- SK Hynix made a high-profile U.S. market debut on Friday, with shares jumping about 14% as investors bid for the company’s high‑bandwidth memory used in AI servers.
- Broadcom secured an extension of its custom chip partnership with Apple through 2031, giving clearer visibility into a multi-year revenue stream tied to device AI features.
- Micron’s strong quarter and guidance have highlighted persistent HBM and memory tightness, a supply constraint that is supporting near-term pricing and profits across the AI supply chain.
- The market’s next test is the earnings cadence and confirmed hyperscaler capex plans, which will show whether demand and constrained memory supply can keep valuations elevated past 2027 while macro moves like lower oil prices temper volatility.