Samsung reportedly weighs Micron's newest memory for Galaxy S27

Samsung and other investors backed Dutch AI chip startup Euclyd with $231M in funding. Euclyd aims to develop AI chips and systems as alternatives to Nvidia's GPUs, focusing on inference. The company plans to launch physical systems in 2028 and serve enterprise customers by 2030, leveraging Samsung's semiconductor expertise.

Samsung participated in a $231 million funding round for Dutch AI chipmaker Euclyd, which is developing an alternative to Nvidia's GPUs. The startup aims to launch its systems by 2028, targeting enterprise customers and companies developing their own chips. Euclyd claims its systems will reduce energy needs and costs for AI data centers.

TSMC (2330.TW) will adopt High NA EUV in 2030, while Samsung and SK Hynix plan 2028. ASML's High NA systems, priced at $400M, are in demand for AI chip production. Intel (INTC) has already processed over 1M wafers. ASML's revenue guidance raised to €43B-€45B for 2026.

AI stocks declined after Anthropic CEO Dario Amodei called for a slowdown in AI development, supported by OpenAI's Sam Altman and Elon Musk. Concerns over potential industry-wide impacts led to drops in shares of SK Hynix, Samsung, SoftBank, ASML, and U.S. semiconductor firms like Micron and Nvidia. President Trump opposed the calls for regulation.

AI stocks fell globally after industry leaders called for a slowdown due to safety concerns. Nvidia dropped 3.5%, while SpaceX and Softbank also declined. Oil prices rose, pushing the 10-year Treasury yield to 5%. The S&P 500 and Nasdaq fell 0.6% and 0.9%, respectively. Some software and oil stocks gained.

AI stocks fell sharply after executives called for slower AI development, with Nvidia down 3% pre-market. SoftBank, Samsung, TSMC, and European chip stocks also dropped. The timing of these statements, ahead of midterms, raises questions about potential coordination and market impact. The S&P 500's top 10 companies represent 37.8% of the index, making their performance critical.