Declining chip stocks are leading the sell-off, while oil prices are rising due to geopolitical factors, benefiting from tech rotation.

The entities involved

• AMD →

  American multinational semiconductor company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Lam Research →

  American company

  • Lam Research received a rating upgrade from Cantor Fitzgerald, which reaffirmed Buy status and raised the price target for Speed.Sun 03:36
  • The VanEck Semiconductor ETF now includes major players in the sector, including Intel, Broadcom, Applied Materials, Lam Research, Nvidia, Micron Technology, and AMD.Fri 12:12
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22

Related events

• Companies like AMD and Micron face market pressures amid a semiconductor sector downturn.Jul 18
• Nasdaq decline triggered a selloff across the chip sector.Jul 4
• The semiconductor sector is experiencing a downturn, leading to market volatility and affecting major chip companies like AMD, Nvidia, Intel, and Broadcom.Jun 10
• Tech stocks rallied, led by semiconductor stocks, while oil price movements influenced investor sentiment.Sep 22
• Apple faces rising memory chip prices while Tim Cook steps down as CEO, with John Ternus assuming the role on September 1.Aug 9