Eurozone M3 Money Supply (3m): 3.2% (August) vs previous 3.5%

Intel dropped 21% from $140 to $110 in seven days as BofA warned of semiconductor bubble risk and 18A profitable yields were delayed. HSBC raised its target to $200. July 23 earnings is the reset.

Japanese and South Korean stock markets plunged at the open, with the KOSPI and Nikkei 225 experiencing a dramatic secondary sell-off. Samsung Electronics and SK Hynix both fell by approximately 4%, while Kioxia bucked the trend to rise.

TradingKey - Micron is down 22% from its post-earnings highs at $984. New Anthropic partnership, $22B in non-cancelable contracts, and SK Hynix listing on Nasdaq July 10. UBS says it’s temporary. Burry shorted it.

TradingKey - Anticipation surrounding the release of GPT-5.6 has recently continued to build within the developer community. Polymarket prediction data showed that the probability of the model's official public release today (July 7) once reached 68% to 74.5%.

SanDisk stock fell 10%-14% in an AI chip selloff. Here's what caused the drop, why fundamentals remain intact, and the key levels and catalysts to watch next.