June 23 Stock Market Report: Big Tech, Semiconductor Stocks Trade Mixed Amid AI Growth Expectations

Major Big Tech and Semiconductor Stocks Analysis: June 22, 2026 Market Trends

On June 22, 2026, major U.S. big tech companies and semiconductor-related stocks showed slight fluctuations overall. The movements of key players in the artificial intelligence (AI) market, such as Nvidia, Micron, and TSMC, drew significant market attention. On this day, Microsoft closed flat at 0.00%, while Amazon finished up 0.03% at $244.39. Apple also maintained a strong upward trend, rising 0.01% to $298.01. While a generally positive trend was observed across the semiconductor sector, analysis suggests that a combination of factors influenced individual stock price movements.

Status of Leading Semiconductor Stocks and Related Companies

According to data, Nvidia (NVDA) closed at $210.69, unchanged from the previous day, marking only a 0.03% rise. However, its market capitalization reached 5.10 trillion won, demonstrating overwhelming market dominance. Nvidia's Earnings Per Share (EPS) growth rate was a remarkable 6599.3%, indicating its immense profit-generating capability in the AI chip market. Micron (MU) rose 0.09% to $1,133.99, with a market capitalization of 1.28 trillion won. Micron's high Price-to-Earnings (P/E) ratio of 53.5 reflects high market expectations for its future growth. Taiwan's TSMC (TSM) climbed 0.07% to $462.12, with a market capitalization of 2.40 trillion won and a P/E ratio of 39.7. Notably, TSM's EPS growth rate of 4430.2% demonstrates its significant benefits from increasing AI demand.

Intel (INTC) rose 0.11% to $133.99, with a market capitalization of 0.67 trillion won. Although P/E ratio information was not provided, its high EPS growth rate of 9865.5% boosts expectations for future performance improvements. AMD (AMD) gained 0.05% to $537.37, with a market capitalization of 0.88 trillion won. Despite an extremely high P/E ratio of 178.5, AMD recorded an astonishing EPS growth rate of 16435.6%, reflecting high market growth expectations. ASML Holding (ASML) increased by 0.03% to $1,929.68, with a market capitalization of 0.74 trillion won. Its P/E ratio of 64.1 is understandable given its monopolistic position and high profitability in the advanced semiconductor equipment market.

Closing data for the day indicated a generally positive trend for major semiconductor-related companies trading on U.S. stock exchanges. Numerical data confirmed that companies like Nvidia, a manufacturer of GPUs essential for AI computation, Micron, prominent in the AI memory market, and TSMC, a crucial player in AI chip production, are consistently attracting market interest. These companies offer strong investment appeal to investors based on their high EPS growth rates.

Stock	Current Price	Change Rate	Market Cap	P/E Ratio	EPS Growth Rate
Nvidia (NVDA)	210.69 won	+0.03%	5.10 trillion won	32.3	6599.3%
Micron (MU)	1,133.99 won	+0.09%	1.28 trillion won	53.5	-
TSMC (TSM)	462.12 won	+0.07%	2.40 trillion won	39.7	4430.2%
Intel (INTC)	133.99 won	+0.11%	0.67 trillion won	-	9865.5%
AMD (AMD)	537.37 won	+0.05%	0.88 trillion won	178.5	16435.6%
ASML (ASML)	1,929.68 won	+0.03%	0.74 trillion won	64.1	-
Broadcom (AVGO)	411.35 won	+0.05%	1.96 trillion won	68.4	-

The Present and Future of Big Tech and Semiconductor Companies in the AI Era

Google (GOOGL) and Alphabet (GOOG) closed up 0.01% each at $368.03 and $367.46 respectively, with market capitalizations of 4.49 trillion won and 4.48 trillion won. These companies maintained P/E ratios of 28.1 and 28.0, showing steady performance growth. In particular, an EPS growth rate of 3419.4% is attributed to the expansion of AI services and cloud businesses. Meta Platforms (META) rose 0.02% to $577.22, forming a market capitalization of 1.47 trillion won. While recording a P/E ratio of 21.0, its EPS growth rate of -256.0% indicates a decline, suggesting that underperformance in certain business segments is impacting its earnings.

The closing results on the New York Stock Exchange showed a mixed market, with big tech companies' weaker performance leading to a decline in the Nasdaq index, while the Dow Jones index rose. This indicates that market reactions are diverging based on individual company performance and growth prospects. In particular, the stock movements of AI-related stocks are becoming important indicators for gauging the future direction of the tech stock market. A report by JoongAng Economy News stating that Samsung Electronics' 12-layer HBM4E product surpassed $1 billion (approximately 1.5 trillion won) in sales within four months of its launch reconfirms the explosive growth of the AI memory market. This could serve as a positive signal for HBM-related companies like SK Hynix. The news that SK Hynix's stock price reached an all-time high of '3 million Hynix' reflects these market expectations.

Tesla (TSLA) increased by 0.01% to $400.49, but its extremely high P/E ratio of 370.8 and EPS growth rate of -4709.0% reflect concerns over intensifying competition and slowing growth in the electric vehicle market. Exxon Mobil (XOM) fell 0.02% to $137.81, recording a P/E ratio of 23.2 and an EPS growth rate of -1505.1%, demonstrating volatility and uncertainty in the energy market.

Among companies that traded flat, some recorded positive EPS growth rates, indicating that they are securing future growth drivers. For example, Johnson & Johnson (JNJ) fell 0.02% to $228.39 but showed a high EPS growth rate of 8887.0%, and JP Morgan Chase (JPM) dropped 0.02% to $325.22, yet recorded a growth rate of 151.6%. Thus, stock price trends and investment indicators vary depending on individual companies' business portfolios and growth outlooks.

Market Impact and Investment Implications

The stock market data from June 22, 2026, clearly shows the sustained high growth of semiconductor and big tech companies driven by advancements in AI technology. Key players in the AI era, such as Nvidia, TSMC, and Micron, are particularly attracting investor interest due to their high EPS growth rates. These companies are expected to continue steady performance growth, bolstered by macro trends such as enhanced AI processing capabilities and increasing data volumes. The market is reflecting this growth potential in valuation metrics like P/E ratios, where high P/E levels should be interpreted as reflecting future expectations.

Conversely, some companies are showing differentiated performance, entering phases of slowing growth or contraction. Tesla's high P/E ratio and negative EPS growth, along with Meta's negative EPS growth, signal the market competition and strategic shifts these companies are facing. Investors must closely analyze these fundamental changes in individual companies and evaluate their future growth potential to make informed investment decisions.

Index-tracking ETFs such as Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY) recorded slight gains of 0.01%, closing at $688.11 and $746.74, respectively. The P/E ratios of these ETFs, ranging from 26.7 to 26.9, can be used as indicators of overall market valuation. These ETFs can be attractive options for investors looking to diversify risk away from individual stock investments.

Investors should pay attention to semiconductor and big tech companies with high growth potential amidst the massive trend of AI technological advancement. However, it is crucial to remain vigilant about high valuations and to continuously monitor individual company earnings reports and new technology development trends. The strong performance of domestic companies like Samsung Electronics and SK Hynix in the HBM market is also a factor that can positively impact the domestic stock market, necessitating close observation alongside global semiconductor market trends. Changes in the competitive landscape of the AI market and new technological trends are expected to continue influencing the stock prices of related companies going forward.