Wall Street kicked-off the second half of the year much as it ended the first: focused in the impact inflation will have on growth prospects for the world's biggest economy.

"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.

Stock futures edge lower following worst quarter in 50 years; Micron shares slide on grim chip sector sales forecast; Tesla shares bump as investors brace for Q2 deliveries; Kohl's shares tumble on report of cancelled takeover talks and Bitcoin tests $19,000 as global crypto markets wobble

Advanced Micro Devices stock is making new 52-week lows. Is it time to buy?

Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years.

Merck is reportedly eying cancer drug specialists Seagen as it looks to replace revenue from its Keytruda blockbuster, which loses patent exclusivity in 2028.

The software giant hasn't said it will protect user data in wake of Supreme Court ruling overturning Roe.