---
title: "Memory and semiconductor stocks lose momentum, bitcoin rebounds in sign of changing investor focus"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291656663.md"
description: "AI-linked memory and semiconductor stocks are losing momentum after leading markets in 2026, with the Roundhill Memory ETF down 25% and VanEck Semiconductor ETF off 12%. Conversely, Bitcoin rebounded above $61,000 from a near two-year low. Bloomberg reports that Meta Platforms' plan to sell excess GPU capacity accelerated the tech selloff, impacting companies like IREN, Cipher Digital, and TerraWulf."
datetime: "2026-07-03T10:42:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291656663.md)
  - [en](https://longbridge.com/en/news/291656663.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291656663.md)
---

# Memory and semiconductor stocks lose momentum, bitcoin rebounds in sign of changing investor focus

AI-linked memory and semiconductor stocks have started to lose momentum after leading markets in 2026, while bitcoin has rebounded from a near two-year low, according to CoinDesk. The Roundhill Memory ETF (DRAM) is down about 25% from its June 22 record high and the VanEck Semiconductor ETF (SMH) is off around 12%, after strong first-half gains. Bitcoin, which dipped below $58,000 on July 1, is back above $61,000. Bloomberg-reported plans for Meta Platforms’ Meta Compute unit to sell excess GPU capacity helped accelerate the selloff, hitting IREN, Cipher Digital and TerraWulf.

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