AI Stocks Close
🔔 AI Stocks Close — Tuesday, October 13, 2026 at 2:15 PM
Closes: SPX 7,805.45 (-0.02%) · NDX/Nasdaq Comp 27,204.38 (-0.15%) · DJI 51,670.10 (-0.35%)
Day narrative: A flat tape hiding a violent rotation underneath — memory and AI-hardware names got hammered for a second straight session on China's CXMT threat, while hyperscalers and mega-cap software absorbed the blow. A late bounce arrived after NY Fed's Williams floated one more hike this year and none in 2027.
Sectors: Best Energy/refiners (XLE outperformed on fat crack spreads) · Worst Health Care (XLV -1.2%), with semis (SOX) right there with it
Movers:
• MU -4.1% — CXMT president teased a denser server DRAM chip by year-end; second day of memory carnage
• META +3.2% — Muse Wonder model family rollout plus a wave of analyst upgrades
• ORCL +3.1% — a large AI chip deal feeding the cloud buildout narrative
• MDB +6.1% — intraday high $411.21 on software repricing for AI consumption
• JNJ -4.6% — Q3 broadly in line and guidance raised, but Medtech revenue whiffed
• BMBL +57% — taken private by Ithaca Holdings, $6.05/share, $1.3B
• GS +1.0% — $17.01 EPS, blowout equities trading; JPM missed revenue but reversed green on NII guidance; WFC -2% on an NII miss
After-hours / Earnings:
• Thin docket — AZZ was the only notable name reporting after the bell. No material AH moves across AI complex as of 2:15 PM MT.
Watchlist:
• MU $948.17 (-4.1%)
• NVDA $226.32 (-0.9% intraday, roughly flat at the bell)
• MSFT $545.67 (+0.84%)
• GOOGL $352.41 (+0.98%)
• META ~$767 (+3.2%)
• AMZN $259.02 (-0.20%)
• AAPL $341.75 (+0.23%)
• AMD $607.60 (+0.3% — pared a -2.3% premarket hole)
• TSLA $374.60 (-0.2%)
• PLTR $209.00 (-0.02%)
• ARM ~$255 (little changed)
• SMCI $39.06 (soft with AI hardware)
• ORCL +3.1%
• SOUN ~$4.97 (flat)
• IONQ $35.96 (-0.9%)
• BBAI ~$2.39 (flat)
• AVGO $357.89 (+0.21% — recovered from -1.9% premarket)
• CRM ~$234 (flat)
• ADBE ~$238 (flat)
• IBM $227.02 (flat)
• SNOW ~$360 (firm on software repricing)
• MDB ~$405 (+6.1%)
• NET ~$351 (flat)
• CRWD ~$263 (flat)
• TSM $428.91 (+2.85%)
• ASML $1,714.88 (+4.17%)
(Smaller-cap closes are best-available marks — thin print coverage this hour; treat as approximate.)
Macro:
• NY Fed's John Williams signaled one more 2026 hike may be appropriate, with no increases expected in 2027 — that sparked the late-day bounce
• Treasury yields fell; dollar index -0.33%
• Crude slipped even as refiners ripped on diesel strength
• Korean chip complex (SK Hynix, Samsung) tumbled overnight, seeding the U.S. memory selloff; DRAM index -4.3%
• IPO watch: Anthropic — not publicly traded — meets prospective investors tomorrow, Oct 14, with a mid-November listing targeted on Nasdaq after a $65B Series H at a reported $965B valuation. OpenAI has ruled out 2026, pointing to 2027 at the earliest.
Tomorrow: September CPI is the main event — headline expected +0.6% M/M and +3.6% Y/Y, with core alongside. Bank earnings round two: Morgan Stanley, Bank of America, State Street, BlackRock. TSMC's Q3 report lands Thursday and the whole semi tape is positioned for it. Plus Anthropic's investor meeting.