{"id":737823,"date":"2026-07-01T23:30:15","date_gmt":"2026-07-01T23:30:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/737823\/"},"modified":"2026-07-01T23:30:15","modified_gmt":"2026-07-01T23:30:15","slug":"meta-ai-cloud-push-sends-nvidia-amd-intel-micron-stocks-sinking","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/737823\/","title":{"rendered":"Meta AI Cloud Push Sends Nvidia, AMD, Intel, Micron Stocks Sinking"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>. <\/p>\n

Shares of AI infrastructure and semiconductor companies declined Wednesday after a report said Meta Platforms (META) is exploring a cloud infrastructure business that would offer external customers access to AI computing power and models. <\/p>\n

The report sparked broad <\/a>selling across AI-related names. Nvidia (NASDAQ:NVDA<\/a>) fell about 2%, while Advanced Micro Devices (NASDAQ:AMD<\/a>) lost nearly 3%, Broadcom (NASDAQ:AVGO<\/a>) slipped around 2%, and Intel (NASDAQ:INTC<\/a>) dropped about 4%. Infrastructure providers also came under pressure, with Nebius (NASDAQ:NBIS<\/a>) falling nearly 12%, CoreWeave (NASDAQ:CRWV<\/a>) losing about 10%, and Super Micro Computer (SMCI) declining around 4%. <\/p>\n

Storage and networking stocks also weakened. Micron Technology (MU) dropped about 7% despite disclosing a long-term supply agreement with General Motors (GM), while Sandisk (SNDK) fell about 8%, Seagate Technology (STX) lost around 4%, and Western Digital (WDC) declined nearly 5%. Chip-equipment makers also traded lower, with KLA (KLAC), Lam Research (LRCX), Applied Materials (AMAT) and ASML Holding (ASML) posting losses. <\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Shares of AI infrastructure and semiconductor companies declined Wednesday after a report…\n","protected":false},"author":2,"featured_media":68209,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[723,28,10468,19056,18538,1683,4321,65754,46633],"class_list":["post-737823","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-advanced-micro-devices","tag-business","tag-cloud-infrastructure","tag-computing-power","tag-gurufocus","tag-meta-platforms","tag-nvidia","tag-semiconductor-companies","tag-super-micro-computer"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/737823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=737823"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/737823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/68209"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=737823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=737823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=737823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}