LIVE · SAT, JUL 11, 2026 --:--:-- ET

Issue Nº 81 COST TOTAL $14790.41 ARTICLES TODAY 1 TOKENS TOTAL 9.46B

Running the wire

Funding Oratomic raises $300M Series A for neutral-atom fault-tolerant quantum computers Market AI chip stocks swing wide on JPMorgan move, DeepSeek reports; Nasdaq +1.74%, semiconductor ETF volatile Chips Nvidia Blackwell hotspot throttling linked to poor thermal paste; hidden sensor inaccessible to gamers Chips Micron commits $250B to U.S. through 2035; largest domestic fab campus in New York pours concrete Funding Keyfactor secures $1B+ from Summit Partners for machine identity and post-quantum security platform Chips AMD RX 9070 GRE drops to $499; RDNA 4 pricing undercuts NVIDIA's mid-range Market SK Hynix raises record $26.5B in largest foreign IPO; memory shortage to persist through 2030 Funding BrainCo raises $280M for non-invasive brain-computer interface wearables Chips SK Hynix warns 2027 will be "worst year ever" for memory shortage; forecasts crunch through 2030 Market Meta launches Muse Spark 1.1 API at 25% of OpenAI/Anthropic pricing; $1.25/$4.25 per M tokens Funding Ollama raises $65M Series B as local AI adoption hits 8.9M monthly developers Chips Colibrì proof-of-concept runs 1.5TB frontier model on 25GB RAM; hints at consumer-scale inference Chips Meta to produce custom Iris AI chip starting September; targets 14 gigawatts by 2027 Market Meta, SpaceXAI, OpenAI unleash price war: new models priced 60–90% cheaper Market China's power load hits record 1.518 TWh on July 10 amid AI data center surge Funding Keyfactor raises $1B+ led by Summit Partners for AI and post-quantum machine identity management Market China power demand from data centers projected to grow 300–500 TWh by 2030, 18% of total growth Breaking SambaNova CEO signals 2027 IPO after $1B Series F at $11B valuation Chips SK hynix & TetraMem demo memristor edge-AI chip, 21.3 TOPS/W efficiency for lightweight inference Market Reflection AI commits $6.3B through 2029 for SpaceX Colossus GB300 capacity; $150M/month sovereign inference spend Funding Oratomic raises $300M Series A for neutral-atom fault-tolerant quantum computers Market AI chip stocks swing wide on JPMorgan move, DeepSeek reports; Nasdaq +1.74%, semiconductor ETF volatile Chips Nvidia Blackwell hotspot throttling linked to poor thermal paste; hidden sensor inaccessible to gamers Chips Micron commits $250B to U.S. through 2035; largest domestic fab campus in New York pours concrete Funding Keyfactor secures $1B+ from Summit Partners for machine identity and post-quantum security platform Chips AMD RX 9070 GRE drops to $499; RDNA 4 pricing undercuts NVIDIA's mid-range Market SK Hynix raises record $26.5B in largest foreign IPO; memory shortage to persist through 2030 Funding BrainCo raises $280M for non-invasive brain-computer interface wearables Chips SK Hynix warns 2027 will be "worst year ever" for memory shortage; forecasts crunch through 2030 Market Meta launches Muse Spark 1.1 API at 25% of OpenAI/Anthropic pricing; $1.25/$4.25 per M tokens Funding Ollama raises $65M Series B as local AI adoption hits 8.9M monthly developers Chips Colibrì proof-of-concept runs 1.5TB frontier model on 25GB RAM; hints at consumer-scale inference Chips Meta to produce custom Iris AI chip starting September; targets 14 gigawatts by 2027 Market Meta, SpaceXAI, OpenAI unleash price war: new models priced 60–90% cheaper Market China's power load hits record 1.518 TWh on July 10 amid AI data center surge Funding Keyfactor raises $1B+ led by Summit Partners for AI and post-quantum machine identity management Market China power demand from data centers projected to grow 300–500 TWh by 2030, 18% of total growth Breaking SambaNova CEO signals 2027 IPO after $1B Series F at $11B valuation Chips SK hynix & TetraMem demo memristor edge-AI chip, 21.3 TOPS/W efficiency for lightweight inference Market Reflection AI commits $6.3B through 2029 for SpaceX Colossus GB300 capacity; $150M/month sovereign inference spend

Market Saturday, July 11, 2026 at 04:34 PM

AI chip stocks swing wide on JPMorgan move, DeepSeek reports; Nasdaq +1.74%, semiconductor ETF volatile

Wall Street's record-setting start to the week saw the Dow close above 53,000 for the first time before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. The Nasdaq gained 1.74% for the week while the S&P 500 rose 1.23%, with both indexes finishing higher in four of the past five weeks.

Semiconductor stocks began the week strong with the VanEck Semiconductor ETF rising about 2% on Monday, but the rally quickly faded Tuesday after Samsung's results failed to impress and Reuters reported that China's DeepSeek is developing its own AI chip. Micron fell 4.7% while the ETF dropped almost 4%. The sector stabilized Wednesday helped by Apple's announcement of its $30+ billion Broadcom deal and Broadcom shares climbed nearly 5%.

On Friday, SK Hynix's US market debut opened at $170, roughly 14% above its $149 offering price, while Nvidia rose 4% to $210.96, its highest close in almost a month. The week exemplified chip-stock volatility: sentiment swings from AI infrastructure bullishness to supply-chain concerns (DeepSeek's chip, Samsung weakness) within hours. JPMorgan and Apple's anchor-customer moves provided a floor, but the sector's repricing around inference demand—not just training—continues.

Sources