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Chips Bounce Back as AI Trade Gets a Second Wind episode artwork

Jul 7, 2026 10 min

Chips Bounce Back as AI Trade Gets a Second Wind

from MPC Markets Morning Call Hosted by MPC Markets

Chip stocks snap a two-week losing streak on light post-holiday volume. AMD, Broadcom, TSMC all up big — Nvidia lagged on delay rumours. Dow at a record, S&P within 1% of highs. Bitcoin up nearly 10% in five days. Former Japanese currency czar says yen undervalued by 20%. Fed Chair Warsh testifies tonight, first-under-Warsh minutes out Wednesday. ASX news: Lynas, South32, Netwealth, VanEck's AI ETF. Daily market briefing with Mark Gardner at MPC Markets.

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Chips Bounce Back as AI Trade Gets a Second Wind

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