Semiconductor stocks declined at the start of Q3 following a record-breaking Q2 rally where Micron, Intel, and AMD added $2 trillion in combined market value. The sector is facing pressure as investors question the long-term sustainability of AI infrastructure spending beyond 2026. Amidst this volatility, SK Hynix plans a US ADR debut to fund its expansion, while Cadence Design Systems remained steady due to robust demand for semiconductor design software.
