UNBELIEVABLE: 16 - The Untold Story

Terrible Jobs Report Sparks Rally In AI and Tech: 10 Stocks Leading Friday's Surge

Bad news was once again good news for Wall Street.

Benzinga · Aug 7

Here’s The Real Reason Wall Street Cut ON Semiconductor Stock’s Price Target

Analysts' price target cuts say more about the semiconductor sector than ON Semiconductor itself.

Barchart · Aug 7

Elon Musk's massive Terafab chip-making facility starts to take shape — 100 million square feet of manufacturing space and $16.8B initial capital investment

SpaceX and Tesla officially begin to build the massive Terafab facility that will be three times bigger than Samsung's Pyeongtaek campus.

Tom’s Hardware · Aug 7

Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beat

Japan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren't convinced the results were strong…

The Economic Times · Aug 7

Elon Musk Says SpaceX Will Consume Three Times More Terafab AI Compute Than Tesla

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”.

Benzinga · Aug 7

Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysilicon

The White House has established price floors and a fifteen percent tariff on polysilicon products. This action aims to bolster domestic chip and solar supply chains for national security. The new trade protections will officially take effect on December fourth this year. Minimum import prices are set for polysilicon, ingots,…

The Economic Times · Aug 7

China declares it is now the leading global chipmaking power — mainly because it just changed the definition of what a semiconductor is

China struck the word "semiconductor" from a 25-year-old chip law to cover photonic and quantum designs, and it is being seen as a potential leadership claim

TechRadar · Aug 7

SpaceX, Tesla Confirm Terafab Site as Chip Demand Outruns Global Supply

SpaceX (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) on Thursday confirmed Grimes County, Texas as the permanent home for Terafab, the companies’ giant semiconductor manufacturing venture.

Benzinga · Aug 6

AI boom reshapes emerging markets, but surging volatility tests investor nerves

Artificial intelligence has powered a strong rally in emerging-market technology stocks, led by semiconductor giants in South Korea and Taiwan. However, soaring valuations have triggered sharp volatility, foreign investor outflows and concentration risks. Despite recent corrections, investors remain optimistic about the long-term AI-driven growth story, according to Reuters.

The Economic Times · Aug 6

Explained: How AI-led Kospi, Nikkei selloff sparked record 15% drawdown in Asian funds in July

Asia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much of their 2026 gains. Concerns over AI spending and Middle East tensions hit semiconductor stocks, with some funds losing 3%-9%, while Goldman Sachs estimated a record 15.2% monthly decline…

The Economic Times · Aug 6