Sandisk Leads the AI Hardware Pullback: Why Memory Stocks Became the Weak Link
June 23 selloff hit memory leaders as Korea’s KOSPI plunged nearly 10% and U.S. names slid 13%. AI demand stayed hot, but pricing power blinked. Here’s what changed.
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The post AI Policy Questions That Congressional Lawmakers Should Know And Be Prepared To Discuss appeared on BitcoinEthereumNews.com. Congressional lawmakers need to be ready to discuss the top AI policy questions of our times. getty In today’s column, I examine crucial AI policy questions that congressional lawmakers ought to be readily familiar with and be ready to discuss. These AI policy questions apply to the interests and considerations of all members of Congress. I say that because concerns about AI previously were primarily confined to lawmakers from tech-related constituencies, but that’s not the case anymore. AI was likely to be narrowly pertinent to congressional members from tech-oriented locations or who had a tech-related background. AI has become an across-the-board and top-of-mind topic that all lawmakers have some involvement with or stake in. Even if a lawmaker hasn’t initiated a particular bill about AI, the odds are that they will serve on a committee encompassing A
Read full articleJune 23 selloff hit memory leaders as Korea’s KOSPI plunged nearly 10% and U.S. names slid 13%. AI demand stayed hot, but pricing power blinked. Here’s what changed.
Several NHS hospitals are preparing to use an AI-powered blood test to help assess women referred for possible womb cancer before invasive checks are carried out. According to The Guardian, around 90,000 postmenopausal women in England are referred by GPs each year for checks after experiencing heavy bleeding. About 10,000 women are diagnosed with womb […] The post NHS AI blood test could reduce invasive womb cancer checks appeared first on AI News.
The post Dow Jones futures advance due to tech, AI rally appeared on BitcoinEthereumNews.com. Dow Jones futures gain 0.17% to trade around 52,710 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.34% and 0.74%, trading near 7,550 and 29,690, respectively. US stock futures rise amid a sharp bounce in tech and AI sectors. Tech futures jumped on reports that Beijing will allow top Chinese AI firms to purchase a limited supply of Nvidia’s H200 chips. Chinese officials have recently informed major players, including Alibaba, ByteDance, and DeepSeek, that they may soon receive the necessary green light to procure the processors. However, traders worry that elevated energy prices could reignite inflation, potentially forcing the Federal Reserve (Fed) into an earlier-than-expected rate hike. This follows a down Wednesday where the Dow Jones and S&P 500 fell 1.09% and 0.28%, dragged down by materials, financials, and real estate, while the Na
Chatting with readers and regular folks in the real world these days, I can’t help but notice a common theme anytime the topic of AI comes up. It’s an almost amusingly extreme contrast: While the myopic world of tech people (and the type of mostly AI-powered “thought leaders” you see posting in turbo-speed on LinkedIn) are waxing endlessly about AI’s amazing impact on society and all the ways it’s, like, totally revolutionizing workflow, bruh, the average human’s take on AI can best be summed up with a single word: Exasperation. With shockingly little exception, almost every non-tech-obsessed organism I interact with reacts with something between an eye-rolling sigh and a fed-up facepalm whenever the prevalence of AI arises. It’s almost like having an on-demand in-person GIF gallery of “frustration” available at your fingertips — just mention AI, and you’ll get a meme-worthy reaction from anyone around you. It’s such a dramatic divergence from the glowingly excited hype we hear left an
The post SK Hynix and CXMT IPO boom could pull capital away from crypto appeared on BitcoinEthereumNews.com. The U.S.-blocked company plans to use the proceeds to upgrade production lines and technology after posting explosive growth, including first-quarter revenue of 50.8 billion yuan, up 700% year-on-year. Reuters estimates CXMT held around 7.7% of the global DRAM market last year. These deals follow SpaceX (SPCX) and Cerebras (CBRS), two AI-related listings that have fueled enthusiasm across semiconductor and memory stocks. Together they reinforce a broader theme: investors are allocating fresh capital to companies building the infrastructure behind artificial intelligence rather than to crypto assets. Bitcoin BTC$62,919.56 has fallen roughly 50% from its October all-time high to around $63,000, as investors have increasingly favored AI infrastructure plays over digital assets. The pipeline is far from empty. OpenAI and Anthropic have both been discussed as companies that could eve
The post Federal Reserve Inflation Concerns Over AI-Driven Chipflation appeared on BitcoinEthereumNews.com. Something unusual is happening inside the Federal Reserve — and it goes well beyond the usual debate over a quarter-point move. Minutes from the central bank’s June 16-17 meeting, released Wednesday, reveal that a growing number of policymakers are pointing at the artificial intelligence boom as a direct driver of Federal Reserve inflation concerns, complicating what was already a fractious internal debate over where interest rates should go next. Key takeaways The Fed raised its year-end Personal Consumption Expenditures inflation projection from 2.7% to 3.6%, citing AI-driven demand as a key factor. The benchmark rate was held at 3.5%–3.75% in June, but future hikes remain firmly on the table. Nine of 18 Fed committee members expect at least one rate hike before the end of 2026. Markets put the probability of a hike at the July 29 meeting at 30.5%, per CME FedWatch; Polymarket
David Paffenholz, CEO of AI recruitment platform Juicebox, reflects on the pros and cons of the new world of job seeking.
The post IO.NET July Unlock: Hype vs Real GPU Demand appeared on BitcoinEthereumNews.com. Another unlock on the calendar, another round of second guessing. IO.NET has a scheduled July 11 token release, and the big question isn’t just “will price dip.” It’s whether a GPU compute token can show real, sticky demand now that the initial AI pump has cooled. If you hold IO, trade around unlocks, or just watch DePIN and AI-adjacent plays, this one matters. There’s new supply lining up, but there are also burns and on-chain earnings that could offset it. Let’s lay out what’s knowable, what’s fuzzy, and how to prep without getting spun by headlines. Aspect What to Know Unlock timing and size Scheduled for July 11, 2026. Tokenomics.com shows 15,961,514 IO, roughly 2.0% of total supply and about $2.7M value, noted as roughly 4.3% of current market cap Tokenomics.com (io.net unlock schedule). CertiK’s Skynet alert frames it as 4.043% set to unlock. Sources disagree on the denom