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Breaking Cloudflare opens Monetization Gateway for x402 stablecoin micropayments; agents pay per request without signup Breaking Hugging Face + Cerebras unlock real-time voice AI for robots; Gemma 4 at 1,800 TPS enables low-latency speech-to-speech on 7.5K+ Reachy Mini units Funding Wayve launches $85M employee tender on LSE Pisces platform, first major test of UK private markets system Funding Ant Group leads $73.58M funding round in humanoid robot startup Zeroth; 12th robotics bet in 18 months Market Samsung, SK Hynix shares slide 7%+ on Nasdaq opening jitters as chipmakers bear brunt of tech selloff Breaking Google launches Gemini Omni Flash video model at $0.10/sec and Nano Banana 2 Lite image model into GA Chips Tesla hires Gary Jiang, 17-year Intel veteran, as Director of Terafab chip project Market Meta launches cloud business to sell excess AI compute capacity; stock +8% Market NVIDIA projects $1 trillion AI infrastructure demand through 2027; doubles prior forecast Chips Samsung HBM4 surpasses $1B in sales within 4 months; projects $10B full-year run rate Funding Oxmiq Labs raises $35M Series A for licensable GPU IP, eyes Arm-like architecture Research ChatGPT crosses 1 billion monthly active users, fastest consumer app milestone in history Chips NVIDIA and TSMC mark first US-made Blackwell wafer in Phoenix, plan $500B infrastructure spend over 4 years Funding Oxmiq raises $35M Series A for RISC-V GPU IP, expands data center architecture focus Breaking Klarna's PriceRunner wins $1.97B antitrust verdict against Google in Swedish court Policy Anthropic restores Claude Fable 5 globally as U.S. lifts export controls after safety fix Market Emerging markets tech stocks lead H1 2026; US Big Tech up 19.4% vs emerging markets +90% Chips Computex 2026: laptop market splits into budget 8GB mainstream and $5K+ agentic-compute tier Policy EU Chips Act 2.0: Brussels launches overhaul targeting AI chip supply security Chips US PC shipments fell 7% in Q1 as memory costs spike; budget segment down 18.7% Breaking Cloudflare opens Monetization Gateway for x402 stablecoin micropayments; agents pay per request without signup Breaking Hugging Face + Cerebras unlock real-time voice AI for robots; Gemma 4 at 1,800 TPS enables low-latency speech-to-speech on 7.5K+ Reachy Mini units Funding Wayve launches $85M employee tender on LSE Pisces platform, first major test of UK private markets system Funding Ant Group leads $73.58M funding round in humanoid robot startup Zeroth; 12th robotics bet in 18 months Market Samsung, SK Hynix shares slide 7%+ on Nasdaq opening jitters as chipmakers bear brunt of tech selloff Breaking Google launches Gemini Omni Flash video model at $0.10/sec and Nano Banana 2 Lite image model into GA Chips Tesla hires Gary Jiang, 17-year Intel veteran, as Director of Terafab chip project Market Meta launches cloud business to sell excess AI compute capacity; stock +8% Market NVIDIA projects $1 trillion AI infrastructure demand through 2027; doubles prior forecast Chips Samsung HBM4 surpasses $1B in sales within 4 months; projects $10B full-year run rate Funding Oxmiq Labs raises $35M Series A for licensable GPU IP, eyes Arm-like architecture Research ChatGPT crosses 1 billion monthly active users, fastest consumer app milestone in history Chips NVIDIA and TSMC mark first US-made Blackwell wafer in Phoenix, plan $500B infrastructure spend over 4 years Funding Oxmiq raises $35M Series A for RISC-V GPU IP, expands data center architecture focus Breaking Klarna's PriceRunner wins $1.97B antitrust verdict against Google in Swedish court Policy Anthropic restores Claude Fable 5 globally as U.S. lifts export controls after safety fix Market Emerging markets tech stocks lead H1 2026; US Big Tech up 19.4% vs emerging markets +90% Chips Computex 2026: laptop market splits into budget 8GB mainstream and $5K+ agentic-compute tier Policy EU Chips Act 2.0: Brussels launches overhaul targeting AI chip supply security Chips US PC shipments fell 7% in Q1 as memory costs spike; budget segment down 18.7%
Market

Samsung, SK Hynix shares slide 7%+ on Nasdaq opening jitters as chipmakers bear brunt of tech selloff

Samsung Electronics fell 7% and SK Hynix dropped 9% in early Thursday trading after a broader U.S. semiconductor selloff spilled into Asian markets overnight. Their South Korean peer SK Square, the largest shareholder of SK Hynix, sank over 10%. The decline wiped billions in market value as investors dumped chip stocks, with Micron diving 10% on Wall Street despite a 260% year-to-date gain; Broadcom and Nvidia each fell 1-2%.

SK Hynix is days away from its Nasdaq listing on July 10 via American Depositary Receipts under ticker SKHY, a $29.4 billion offering that would be the largest ADR flotation on record, surpassing Alibaba's $21.8 billion debut in 2014. The company holds about 60% of the global HBM (high-bandwidth memory) market and has been a primary beneficiary of AI infrastructure buildout, with Q1 2026 revenue up 60% quarter-on-quarter and operating margins reaching 72%.

The selloff reflects profit-taking and investor concerns about valuation consolidation as memory chipmakers face headwinds: HBM contract prices face downward pressure in 2026, Samsung is closing its gap in HBM4 production, and any slowdown in AI capex would directly impact memory demand. SK Hynix and Samsung trades at forward P/E multiples of 8-9x compared to 20+ for most mega-cap tech peers, signaling unfinished revaluation work for US-listed memory suppliers.

Sources

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