This Week In AI Chips - Blockchain Meets Stocks With Onchain Tokenization Trends
Yahoo Finance ·
This Week In AI Chips - Blockchain Meets Stocks With Onchain Tokenization Trends Simply Wall St Fri, July 3, 2026 at 7:38 AM EDT 2 min read NVDA AVGO MU Recent developments in the AI chip sector have seen a significant shift towards onchain tokenization of real-world assets, as evidenced by a new partnership between Bitget Wallet and Robinhood Crypto. This collaboration enables the integration of Robinhood Chain, an Ethereum Layer 2 solution, within Bitget Wallet, allowing users to trade Stock Tokens representing major companies like NVIDIA, Google, and Apple. The initiative demonstrates the growing trend of incorporating traditional finance into blockchain infrastructure by facilitating the settlement of tokenized stocks on a decentralized network. With this partnership, 90 million users worldwide can access a comprehensive ecosystem of onchain financial services, reflecting the broader move of financial industries towards blockchain technologies. NVIDIA last closed at $194.83 down 1.4%. Elsewhere in the market, Kokusai Electric was a standout up 14.0% and closing at ¥11,890, not far from its 52-week high. On Tuesday, the company completed its share buyback program, repurchasing 211,200 shares for ¥1,868.24 million. In the meantime, Chongqing Genori Technology lagged, down 19.1% to finish the session at CN¥540.10. NVIDIA's rapid AI-driven growth demands prompt attention amid evolving market dynamics. Discover more about NVIDIA's potential by exploring the detailed narrative on the company. Consider reading our Market Insights article titled "Earnings Season vs. AI," highlighting the robust impact of AI advancements on large-cap earnings, including pivotal growth in the AI chips sector. Get in fast to stay ahead in this evolving market. Advanced Micro Devices closed at $517.82 down 4.3%. Micron Technology settled at $975.56 down 5.5%. On Wednesday, Micron announced a strategic agreement with General Motors to secure a long-term supply of memory and storage platforms for automotive production. Explore the 139 names, such as Hangzhou Changchuan TechnologyLtd , Beijing YanDong MicroElectronic and Vanguard International Semiconductor , from our AI Chip Stocks screener here. Seeking Other Investments? The end of cancer? These 33 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. "Robinhood and Bitget Wallet Partner to Bring 24/7 Stock Token Trading Onchain" from Bitget Limited on GlobeNewswire (published 01 July 2026) Companies discussed in this article include TSE:6525 NasdaqGS:NVDA NasdaqGS:AVGO NasdaqGS:AMD NasdaqGS:MU and SHSE:688797. This article was originally published by Simply Wall St . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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