U.S. AI Hardware Stocks Surge on July 14 as SK Hynix Jumps 11.29%

According to MSX.COM, U.S. AI hardware stocks surged across the board on July 14, with storage semiconductors leading gains. SK Hynix jumped 11.29%, Micron Technology rose 5.68%, and AMD gained 6.62%, while Taiwan Semiconductor Manufacturing Company (TSMC) and Intel climbed 2.17% and 3.82% respectively.

In contrast, IBM plummeted over 22% after the company reported second-quarter preliminary sales below expectations, attributing the shortfall to customers shifting spending toward chips and servers.

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