By: Oliver Hawthorne

(SeaPRwire) –   Nasdaq took a hit Friday, its worst day in a year. But by Monday, chipmakers like Micron and Broadcom rebounded. Asia’s markets painted a different picture—South Korea’s KOSPI plunged 8.29%.

Nvidia’s Huang saw Friday’s selloff as a buying opportunity. Morgan Stanley’s Wilson called it a “healthy reset.” A strong jobs report ramped up rate hike bets, shaking AI stocks.

SpaceX’s giant IPO this week tests AI demand. Markets await May CPI and PPI data. Iran tensions add another layer. The AI trade’s fate hinges on these factors.

Author bio: Oliver Hawthorne, Principal Correspondent at an international tech review, specializes in tracking market dynamics.