AI Agents Hit Schwab, Airbnb & Uber as Nasdaq Hits Record
Tuesday’s market exposed a new divide in the AI trade: chip stocks rallied as the Nasdaq reached another record, while Schwab, Airbnb, Uber and Lyft came under pressure. The emerging question is whether AI agents will simply create new technology winners — or fundamentally change which companies control the customer relationship.
China’s DRAM Breakthrough: 50% More Dies Per Wafer
CXMT says its newest DRAM process can produce at least 50% more gross chip dies per wafer even as China faces restrictions on advanced chipmaking technology. The next test is whether investors see the breakthrough as a meaningful new challenge for Samsung, SK Hynix and Micron when U.S. markets reopen Monday.