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TSLASpaceXsemiconductorsMicronAMD
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/03/2026 | 398.50 |
| Change that session | -1.32% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Micron, Nvidia, and AMD lead chip stocks rebound
Semiconductor stocks rose in premarket trading on Tuesday, with the PHLX Semiconductor Index (^SOX) higher. Micron gained 4%, partly reversing Monday's 7% drop, while Nvidia and AMD rose 2% and 4%. AMD recovered some of its 7% loss from the prior session ahead of quarterly results due after Tuesday's close. Intel rose 4% after an 8% drop on Monday. According to Yahoo Finance calculations, chip and memory stocks have lost about $3.7 trillion in market value since Oct. 6. The article links the sector's recent weakness to concerns over AI spending and neocloud debt.
- iShares PHLX SOX Semiconductor (SOXX) Adds AMD and Micron on Oct. 29
On Thursday, iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) recorded net buying of $212.3 million, with no positions decreased and 29 positions increased. Gross trades totaled $212.3 million, and assets under management were $43.67 billion. Its largest buys were AMD ($22.0 million, lifting its weight to 9.51%), Micron ($17.8 million), NVIDIA ($17.7 million), Broadcom ($17.0 million) and Texas Instruments ($11.0 million). All were existing holdings that were added to, with no new positions and no exits. The fund holds 30 stocks, with 62.0% of assets in its 10 largest holdings and all classified stocks in technology, an expense ratio of 0.33%, a P/E of 44.13 and a year-to-date return of 56.84%. The article says the next thing to watch is whether the fund keeps adding across the board or starts rebalancing its heaviest weights, AMD and Intel, at the next holdings update.
- Prediction: 2 Under $1 Trillion Stocks That Will Be Worth More Than Micron 5 Years From Now
The article argues that SK Hynix and AMD could surpass Micron in market value over the next five years, even though Micron already has a market cap of over 1 trillion USD. SK Hynix is described as the HBM leader with about 50% market share and a 500 billion USD long-term contract with Nvidia, while Micron's HBM share is under 20%. For AMD, the article highlights its GPUs and server CPUs for inference and agentic AI, with early commitments from OpenAI, Meta Platforms, Anthropic, Microsoft, and Oracle. Its two largest deals, 6-gigawatt commitments from OpenAI and Meta Platforms, would each be worth over 120 billion USD by the author's estimate, and the author still expects AMD to outperform Micron despite the stock not being as cheap as the other two.
- Chip Stocks to Buy After Their Worst Day Since June
The PHLX Semiconductor Index fell 6.7% on Oct. 22, its worst day since June 23, after Lam Research reported record revenue of $8.22 billion but warned that clean-room space and parts shortages would limit chipmakers' ability to meet demand into 2027. Micron expects memory supply to stay tight in 2027 and 2028, yet its stock is down 29% from its June 25 record close. AMD and Marvell are each about 22% below their Oct. 6 closes. The author says all three are worth considering after the drop, with Micron the first to look at because its price seems to reflect a downturn its own outlook does not show. AMD and Marvell carry higher earnings multiples and need their plans to hold up, and a slowdown in AI spending could still hit all three hard.
- INTC, AMD, MU, SNDK: US Chip Stocks Rebound After Worst Week Since March
U.S. chip stocks rebounded over the weekend after their worst week since March, as investors repositioned ahead of third-quarter earnings from Tesla, Netflix and Meta. Intel and AMD each rose about 2.6% in overnight trading, while Micron and SanDisk gained 1.8% and 2.6%, and the iShares Semiconductor ETF (SOXX) rose 2.4% after an 11.8% drop the previous week. In a Nikkei interview, Intel CEO Lip-Bu Tan said the company was “80% done” with its restructuring and pointed to AI chip packaging and ASICs as growth areas. Intel also unveiled its GPU D-series with up to 480GB of memory, which according to TechRadar surpasses the 288GB of Nvidia's Blackwell Ultra B300 for data center GPU memory capacity. Stocktwits sentiment was bullish on SOXX, bearish on INTC, neutral on AMD and bullish on MU and SNDK, while one trader warned of possible further downside before a bounce and advised caution with long positions until last week's high is broken.
- NVDA Bucks Selloff As MU, INTC, AMD Slide Premarket Amid Chip Rout
Ahead of Friday's open, Nvidia shares rose 0.4% while Micron, Intel and AMD slipped between 0.2% and 1.1% amid broad chip weakness. The article notes no obvious fresh catalyst for Nvidia, though the company unveiled three open-weight Nemotron 3.5 AI models for agentic AI applications, and CEO Jensen Huang said AI chip orders keep arriving almost daily. Investors are reassessing the sustainability of AI spending and the valuations of infrastructure beneficiaries, though strong results from TSMC and ASML earlier in the week had eased some concerns. Retail sentiment on Stocktwits stayed bearish for NVDA over the past week, neutral for INTC and AMD, and bullish for MU. NVDA is up 16.8% year to date.
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- This Is the Number That Could Change Nvidia Stock’s Outlook for 2027
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- Why Sandisk Stock Keeps Going Down
Sandisk shares have shed 36% over the last six trading days and were down another 14.5% in morning trading Thursday, though still up 400% over 52 weeks. Some attribute the decline to China's CXMT, which said it received $1 billion in customer prepayments for DRAM chips through the end of September, a 15.7-fold increase from the end of 2025. The article argues CXMT focuses on DRAM while Sandisk makes NAND flash, so they are not direct competitors, though they could compete if Sandisk's high-bandwidth flash (HBF) and CXMT's DRAM used as HBM gain traction. It also notes CXMT is struggling to transition to HBM, with yield rates for its next-generation HBM3E products at only 20% to 30%.
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Qualcomm shares slid 9% on Thursday, dragging chip stocks lower after the company issued a weak forecast. Although Q4 earnings slightly beat estimates, guidance called for first-quarter adjusted EPS of $2.15 to $2.35, below the $2.27 consensus, and revenue of $10.4 billion to $11.2 billion versus $10.48 billion expected. Handset chip sales fell 26% to $5.14 billion, short of the $5.21 billion StreetAccount estimate, as rising memory costs led to device price hikes and hurt demand. CEO Cristiano Amon said the company has a supply issue rather than a demand issue. Peers including AMD, Micron, Arm and Intel also declined amid a post-election selloff over fears of a data center slowdown and Democratic plans for AI regulation.
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