Stock Market Today, June 11: Micron, Intel, and Nvidia Lead Rebound and SpaceX IPO Approaches - Yahoo Finance

On June 11, 2026, U.S. stocks rebounded significantly, led by NVIDIA, Micron Technology, and Intel. Micron surged nearly 12%, while Intel rose 10% following an analyst upgrade. NVIDIA continued its up... Read original →

The semiconductor rally reflects AI hardware demand certainty outweighing inflation noise. Micron’s surge ties directly to HBM3E ramp synergies with NVIDIA’s Blackwell deployment, boosting equipment visibility for Lam Research. Intel’s upgrade signals market repricing of its IFS ambitions in AI chip foundry—yet its cost disadvantage versus Taiwan, China-based rivals persists. SpaceX’s $75B IPO will trigger capital reallocation, pressuring AI chip startups reliant on high-valuation funding. Notably, despite a 6.5% PPI spike, equities held gains, implying investor acceptance of higher inflation to sustain tech capex. Over the next 18 months, temporary geopolitical calm may ease logistics, but tighter U.S. export controls on advanced tools are inevitable, forcing global players to build redundant capacity in mainland China and Southeast Asia—at significant cost premiums.