Samsung’s Earnings Miss Rattles AI Chip Stocks: A Reality Check for the Memory Supercycle
On July 7, 2026, Samsung Electronics reported earnings that fell short of the high bar investors had set for AI-linked chipmakers, triggering a broad sell-off across chip stocks. The reaction underscored just how much of this year’s market enthusiasm has been priced around AI infrastructure spending living up to increasingly aggressive expectations.
SK Hynix’s $28 Billion Nasdaq Listing: The Memory Supercycle Goes Public
On July 6, 2026, South Korea’s SK Hynix launched the formal marketing process for a U.S. listing, seeking to raise roughly $28 billion through American depositary receipts on the Nasdaq. Pricing was set on July 9, with shares beginning to trade on July 10, ranking the offering as the second-biggest share sale in history, behind only SpaceX’s roughly $85.7 billion IPO the previous month, and ahead of Saudi Aramco’s $25.6 billion 2019 listing and Alibaba’s similarly sized 2014 debut.