Fed Hikes 25 bps; Intel and SK Hynix Eye U.S. AI Memory Deal; JBHT Trails S&P

Bullish Gator

FOMC raises rates 25 bps; Intel and SK Hynix discuss U.S. AI memory chip deal; J.B. Hunt was the worst S&P 500 performer.

Editorial companion

What stands out

The Federal Open Market Committee (FOMC) raised rates by 25 basis points and a Reuters report that Intel (INTC) and SK Hynix are discussing a U.S.-based artificial intelligence (AI) memory-chip tie-up pushed chip stocks back into the headlines while J.B. Hunt lagged the S&P 500. It matters because the Fed move tightens the financing backdrop for capital-intensive semiconductor projects, and a domestic memory arrangement would shift Intel’s supply-chain narrative from long-term liability to strategic asset. In short, the clip captures a moment where macro tightening and a single deal rumor can both move a cyclical giant.