# Markets Mixed as Chip Stocks Fall and Hormuz Talks Continue 2026-08-06T10:50:37+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 3 independent outlets Global markets gave mixed signals as investors watched reported progress in talks involving Iran and Oman on reopening shipping lanes through the Strait of Hormuz. NDTV Profit said the S&P 500 and Dow reached records, helped by earnings and hopes of smoother shipping. Hindustan Times reported weaker Asian shares and US technology futures, while oil stayed near $80 a barrel. The reports did not confirm a final agreement or its timing. Chip stocks declined in several markets. SK Hynix, Samsung Electronics, AMD and some US data-storage companies fell despite strong earnings or forecasts. SpaceX shares also dropped after warning that spending would remain high. Investors were also watching inflation, interest-rate expectations and upcoming economic data. The sources differ on market direction because they cover different exchanges and trading periods. ## Coverage - hindustantimes.com - ndtvprofit.com - hindustantimes.com - ndtvprofit.com Tags: AI spending, chip stocks, earnings, Hormuz, stock markets Canonical: https://indianopinion.org/chip-stocks-slide-as-markets-weigh-hormuz-talks-and-earnings/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/chip-stocks-slide-as-markets-weigh-hormuz-talks-and-earnings/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.