AI and Chip Stocks Pare off Gains After US-Iran Peace Deal Rally

Seeking Alpha00:02

Will computing power become the new oil? Exploring industry efforts to turn AI computing power into a tradable commodity

Will GPU computing power become the new oil? Unveiling the race in AI computing power futures. For decades, companies have relied on futures markets to hedge against operational uncertainty: airlines hedge fuel costs, farmers lock in crop prices, and manufacturers mitigate risks from fluctuations in metal raw material prices. Now, a startup aims to introduce this well-established financial instrument into the field of artificial intelligence. Silicon Data, a cloud data pricing service provider, has partnered with CME Group to launch the world’s first futures contracts benchmarked to AI computing power.

Global Markets UpdateJun 16 23:48

Databricks Launches General-Purpose AI Agent, Betting on the Enterprise AI Application Market

① Databricks has launched Genie One, an AI agent tailored for enterprise users, enabling employees to obtain answers from internal data and support decision-making; ② Databricks also simultaneously introduced Genie Agents and Genie App Builder, along with Genie Code, a coding-focused AI agent designed specifically for developers.

cls.cnJun 16 23:46

Too cold at the top? Bank of America fund manager survey: Over half of managers believe AI is still in a 'boom phase,' but some are 'cashing out from elevated positions.'

A Bank of America survey shows that 56% of fund managers believe AI is still in a 'boom phase,' and 80% consider long positions in semiconductors to be the most crowded trade in history. As concerns over an AI bubble intensify, institutions have begun reducing exposure to technology stocks and global equities at elevated levels, increasing cash allocations, and shifting some capital toward defensive sectors such as financials and telecommunications—though most investors remain optimistic about AI’s long-term outlook.

wallstreetcnJun 16 19:10

U.S. Markets Close | U.S. and Iran Reach Interim Agreement; Nasdaq Surges 3%; SpaceX Jumps Nearly 20% on Second Day of Listing; AI Trading Makes Strong Comeback as Storage Sector's Big Four Hit Record Highs, Micron Rises Over 10%; Oil Prices Plunge 5%, Go

On Monday, the Nasdaq Composite surged 3%, while the Dow Jones Industrial Average closed at a record high. SPCX jumped 20% in a single day, extending its strong performance following its IPO on Friday. Oil prices declined immediately after news of the agreement emerged, with WTI crude futures plunging more than 4% to settle at $81.49 per barrel—the lowest level in three months.

wallstreetcnJun 16 06:38

Addressing key challenges in 3D chip manufacturing, Applied Materials launches two new tools to support the continued advancement of advanced process nodes.

On June 15, 2026, local time, Applied Materials, the global leader in semiconductor materials engineering, officially launched two new chip manufacturing systems: the Centris™ Spectral™ silicon nitride atomic layer deposition system and the Producer™ Selectra™ molybdenum selective etch system. These systems are precisely engineered to address the intricate processing challenges of high-aspect-ratio 3D logic and memory chips, providing critical process support for mainstream advanced architectures such as gate-all-around (GAA) transistors and multi-layer stacked 3D NAND. This advancement empowers global semiconductor manufacturers to overcome scaling limitations and enables next-generation artificial intelligence chips to achieve simultaneous improvements in performance, power efficiency, and yield.

Futu NewsJun 16 04:12