{"id":64402,"date":"2026-07-07T21:08:14","date_gmt":"2026-07-08T01:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/"},"modified":"2026-07-07T21:08:14","modified_gmt":"2026-07-08T01:08:14","slug":"oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/","title":{"rendered":"Oil Surges and Tech Stocks Rebound Amid US-Iran Conflict and AI Breakthroughs"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Geopolitical_Tensions_Ignite_Energy_Markets\" >Geopolitical Tensions Ignite Energy Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Nvidia_Expands_AI_Ecosystem_with_d-Matrix_and_Samsung\" >Nvidia Expands AI Ecosystem with d-Matrix and Samsung<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Apple_Eyes_Chinese_Memory_Supply\" >Apple Eyes Chinese Memory Supply<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Asian_Markets_Face_Volatility_and_Rising_Yields\" >Asian Markets Face Volatility and Rising Yields<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/oil-surges-and-tech-stocks-rebound-amid-us-iran-conflict-and-ai-breakthroughs\/64402\/#Pharmaceutical_and_Aviation_Developments\" >Pharmaceutical and Aviation Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">Oil prices<\/a> surged over 5%<\/strong> following <strong>U.S. military strikes on Iranian targets<\/strong>, which came in retaliation for attacks on commercial shipping in the <strong>Strait of Hormuz<\/strong>.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> and AI startup <strong>d-Matrix<\/strong> are reportedly collaborating on a new hardware system to power AI models, while <strong>Samsung (<a href=\"\/stock\/SSNLF\">SSNLF<\/a>)<\/strong> began mass production of high-speed storage drives for <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>\u2019s upcoming <strong>Vera Rubin<\/strong> platform.<\/li>\n<li><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> is reportedly testing memory chips from Chinese state-backed <strong>CXMT<\/strong>, a move that could disrupt the global DRAM market dominated by South Korean and U.S. firms.<\/li>\n<li><strong>Japanese 10-year government bond (JGB) yields hit a 30-year high of 2.85%<\/strong>, driven by concerns over increased government spending and potential shifts in <strong>Bank of Japan<\/strong> policy.<\/li>\n<li><strong>South Korean regulators<\/strong> are discussing emergency measures to curb volatility caused by <strong>single-stock leveraged ETFs<\/strong>, which have seen massive retail inflows.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_Ignite_Energy_Markets\"><\/span>Geopolitical Tensions Ignite Energy Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Global energy markets were jolted on Wednesday as <strong>Brent crude<\/strong> jumped more than <strong>5%<\/strong> to trade above <strong>$76 a barrel<\/strong>. The rally followed a wave of <strong>U.S. air strikes<\/strong> against Iranian targets on Qeshm and Kharg Islands. These strikes were a direct response to Iranian attacks on three commercial vessels in the <strong>Strait of Hormuz<\/strong>, including a Qatari LNG carrier and a Saudi oil tanker.<\/p>\n<p>The escalation has effectively suspended a fragile regional truce and led the <strong>U.S. Treasury<\/strong> to revoke a sanctions waiver that previously allowed Tehran to sell oil. <em>Market analysts warn that the renewed conflict risks a significant supply disruption in a waterway that handles nearly 20% of the world&#39;s oil trade.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidia_Expands_AI_Ecosystem_with_d-Matrix_and_Samsung\"><\/span>Nvidia Expands AI Ecosystem with d-Matrix and Samsung<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the semiconductor sector, <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> continues to solidify its infrastructure dominance. A new report indicates <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> is combining hardware with startup <strong>d-Matrix<\/strong> to create a specialized system for AI model inference. d-Matrix\u2019s <strong>Corsair<\/strong> platform claims to deliver up to <strong>10x faster<\/strong> speeds than traditional GPUs by using on-chip SRAM to bypass current DRAM shortages.<\/p>\n<p>Simultaneously, <strong>Samsung Electronics (<a href=\"\/stock\/SSNLF\">SSNLF<\/a>)<\/strong> announced the mass production of the <strong>PM1763<\/strong>, an enterprise SSD designed specifically for <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>\u2019s next-generation <strong>Vera Rubin<\/strong> AI platform. The new drive leverages <strong>PCIe 6.0<\/strong> technology to double read and write speeds compared to previous models, aiming to eliminate storage bottlenecks in AI data centers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Apple_Eyes_Chinese_Memory_Supply\"><\/span>Apple Eyes Chinese Memory Supply<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> is reportedly testing DRAM chips from China\u2019s <strong>ChangXin Memory Technologies (CXMT)<\/strong> for use in devices sold within the Chinese market. This development, reported by the <em>Financial Times<\/em>, suggests Apple is seeking to diversify its supply chain and lower costs amid rising memory prices.<\/p>\n<p>CXMT has rapidly grown to become the world\u2019s fourth-largest DRAM producer, now holding roughly <strong>11% of global wafer capacity<\/strong>. <em>Industry rivals express concern that state-backed investment in Chinese memory could eventually lead to a global supply glut, similar to the trends seen in the EV and solar sectors.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asian_Markets_Face_Volatility_and_Rising_Yields\"><\/span>Asian Markets Face Volatility and Rising Yields<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Asia, financial stability has become a primary concern for regulators. <strong>Japan\u2019s 10-year JGB yield<\/strong> reached its highest level since <strong>1997<\/strong>, peaking at <strong>2.85%<\/strong>. The surge is attributed to the government&#39;s &quot;\u9aa8\u592a&quot; (Big-Boned) economic blueprint, which signals massive public-private investment but has stoked fears of unsustainable debt issuance.<\/p>\n<p>In <strong>South Korea<\/strong>, the <strong>KOSPI<\/strong> index faced downward pressure, sliding over <strong>3%<\/strong> in early trading. Deputy PM <strong>Koo Yun-Cheol<\/strong> informed the National Assembly that the government is considering supplementary measures to manage <strong>single-stock leveraged ETFs<\/strong>. These products, particularly those tied to <strong>Samsung<\/strong> and <strong>SK Hynix<\/strong>, have been blamed for amplifying market swings and triggering frequent &quot;sidecar&quot; trading halts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pharmaceutical_and_Aviation_Developments\"><\/span>Pharmaceutical and Aviation Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In healthcare, <strong>AstraZeneca (<a href=\"\/stock\/AZN\">AZN<\/a>)<\/strong> signed a major respiratory drug deal with Hong Kong-listed <strong>Sino Biopharmaceutical<\/strong>, worth up to <strong>$1.9 billion<\/strong>. The agreement grants AstraZeneca global rights to an inhaled inhibitor for treating COPD, marking a significant expansion of its respiratory portfolio.<\/p>\n<p>Meanwhile, in the U.S., major airlines are reportedly <strong>redesigning travel experiences<\/strong> to cater almost exclusively to their <strong>highest-paying passengers<\/strong>. This strategic shift involves reconfiguring cabin layouts and loyalty programs to maximize revenue from premium segments as the industry adapts to changing post-pandemic travel patterns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Oil prices surged over 5% following U.S. military strikes on Iranian targets, which came in retaliation for attacks 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