US Pre-Market News Roundup: AI stocks see a flurry of positive catalysts, likely to stabilize and rebound led by SK Hynix.

U.S. pre-market trading is seeing a flurry of positive catalysts for AI stocks, with U.S. equities expected to stabilize and rebound today led by South Korean heavyweight SK Hynix. 1. Micron Technology plans to invest $3 billion to strengthen its domestic U.S. semiconductor supply chain. 2. Meta Platforms plans to start producing an AI chip in September, as part of its initiative to boost total computing power to 14 gigawatts next year. 3. Starbucks is leveraging artificial intelligence to reduce its reliance on Microsoft and IBM software. 4. Meta Platforms announced it will build a C$130 billion (about $91.7 billion) data center in Alberta, Canada. 5. SK Hynix’s U.S. share offering was oversubscribed by more than 7 times. 6. Tesla’s third-generation Optimus robot has reached initial finalization, with Elon Musk setting strict mass production requirements for its supply chain. 7. Meta has signed long-term flash memory supply agreements with SanDisk and memory supply deals with Samsung to expand its AI infrastructure. 8. Bank of America noted in a research report that NVIDIA’s current valuation has fallen to its lowest level since the start of the current AI bull market, with a forward price-to-earnings ratio of just around 18x, a seven-year low.