Mag 7 Sheds $2.3T in Market Cap on AI Spending Concerns as Capital Rotates to Chips and Suppliers

테크주 | Wed Jul 01 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 8 sources

Big Tech faces selling pressure amid AI infrastructure investment burden, while memory and semiconductor stocks rally and Anthropic expands into new businesses.

Analysis

[Magnificent 7] lost $2.3 trillion in market cap during June ^[7][3]

• CNBC Magnificent 7 index fell 10% in June
• Microsoft -20%
• Nvidia -13%
• Apple and Amazon around -8%
• Concerns over revenue generation versus AI infrastructure spending
• Q2 earnings season serves as a test of AI investment justification

[Semiconductor and Memory Stocks] rallied on AI supply shortage benefits ^[7][3]

• Philadelphia Semiconductor Index up 6% in June
• 90% YTD
• Roundhill Memory ETF surged 166% YTD
• Strength in SK Hynix
• Samsung
• Micron
• Sandisk
• Memory and networking equipment prices surge on supply shortages

[Intel] became Jim Cramer's new favorite stock pick ^[3]

• Praise for CEO Lip-Bu Tan's turnaround strategy
• Beneficiary of CPU
• advanced packaging
• and US semiconductor manufacturing demand
• Holding in Cramer's Charitable Trust
• Rated a "national treasure"

[Anthropic] launched Claude Science and drug discovery program ^[1][4]

• Utilized for 3D protein structure rendering and drug discovery
• Targets revenue from the pharmaceutical market
• Focus on discovering treatments for "neglected diseases"
• Selling AI tools to life sciences companies

[Anthropic] had export controls on Claude Fable 5 and Mythos 5 lifted ^[2][6]

• US Commerce Department lifted a two-week export control directive
• Foreign access had been blocked on national security grounds
• China's Zhipu GLM 5.2 threatens on performance and cost
• OpenAI also imposed deployment restrictions on GPT 5.6

[AWS] invested $1 billion in Forward Deployed Engineering division ^[5]

• Adopting FDE model of dispatching engineers directly to customers
• Plans to deploy thousands of engineers
• First FDE organization among hyperscalers
• OpenAI and Anthropic previously announced similar organizations

[Digital Realty] acquired Blackstone Virginia data center stakes for $3.5 billion ^[8]

• Payment of $1.2 billion in cash and $2.3 billion in stock
• 80% stake in two Manassas data centers and 50% stake in one Sterling facility
• Total asset value of $7.8 billion
• Stock fell 5.4% in pre-market after announcement

Sources

• [1] Anthropic launches Claude Science in push for pharma revenue - Financial Times
• [2] Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5 - CNBC World Markets
• [3] Jim Cramer says the AI trade has shifted — and these stocks are leading now - CNBC World Markets
• [4] Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare - CNBC World Markets
• [5] AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave - CNBC World Markets
• [6] Trump administration's AI crackdown opens door for China to close gap - CNBC World Markets
• [7] Mag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors are still backing chipmakers - CNBC World Markets
• [8] Digital Realty falls 5% after taking $3.5 billion stake in Blackstone's Virginia data centers - CNBC World Markets