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NVIDIA has fallen 18.5% from its record high, wiping out nearly $1 trillion in market value as investors reassess AI spending and semiconductor valuations.
SK Hynix shares tumbled nearly 15% in Seoul as a global semiconductor sell-off intensified, driven by mounting concerns over AI spending, rising Chinese competition, and lofty chip valuations.
A global selloff in AI chip stocks spread to Asia as investors questioned future memory demand and the sustainability of AI infrastructure spending.
Apple reclaimed the title of the world’s most valuable company after its market capitalization climbed to nearly $5 trillion, overtaking Nvidia as investors reassessed AI spending and valuations.
Tesla shares have returned to levels seen nearly five years ago as investors remain divided over Elon Musk’s shift toward AI and humanoid robots.
SpaceX shares fell to a new all-time low of $110 as the post-IPO selloff continued, leaving the stock nearly 50% below its peak despite growing buying interest from ETFs.
NVIDIA is reportedly discussing up to $250 billion in financing guarantees for OpenAI’s planned 10-gigawatt AI data center project in Ohio.
Chinese memory chipmaker CXMT surged 466% on its market debut after raising $8.6 billion in Asia’s largest IPO of the year, becoming China’s most valuable listed company.
DeepSeek has reportedly paused its latest fundraising round after comments by founder Liang Wenfeng on the U.S.-China AI rivalry attracted widespread attention.
SK Group and NVIDIA announced a partnership worth more than $500 billion to expand AI infrastructure and next-generation memory technologies.
Alphabet topped Q2 expectations with strong cloud and advertising growth, but shares fell after the company raised its AI infrastructure spending forecast.
Tesla exceeded Q2 revenue expectations but missed earnings as AI investment and capital spending surged, sending shares lower in after-hours trading.
South Korea plans to channel tax revenue generated by the AI boom into a new Future Adaptation Fund supporting education, technology, regional development, and young people.
SK Hynix shares fell 16% in Seoul, marking a record one-day decline just days after the company’s historic Nasdaq IPO.
Bending Spoons received about 800,000 job applications in 2025 but hired only 286 people, giving the Italian technology company an acceptance rate of roughly 0.04%.