AI Selloff, Apple vs. OpenAI & the Future of Defense Tech | Bloomberg Tech 7/13/2026

AI Selloff, Apple vs. OpenAI & the Future of Defense Tech | Bloomberg Tech 7/13/2026

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Bloomberg Tech’s July 13, 2026 live broadcast covers two major stories rattling AI markets simultaneously. The first is a broad chipmaker selloff triggered by SK Hynix’s US ADR debut: after the Korean company broke the record for a largest-ever US share sale on Friday, its ADR dropped 6% in the next session — mirroring a 15% single-session collapse in Seoul — as investors questioned whether the AI memory rally had run too far. Analysts on the broadcast debate whether HBM demand is truly becoming non-cyclical, as SK Group leadership claims through multi-year supply agreements, or whether the shortage premium is temporary as customers find ways to use less memory or alternative architectures. The combined value of TSMC, Samsung, and SK Hynix stands at $4.4 trillion.

The second major story is Apple’s trade-secret lawsuit against OpenAI, alleging that OpenAI solicited former Apple employees to bring confidential hardware designs as it ramped up its own device ambitions. Bloomberg’s Apple editor Mark Gurman reports that the practical effect will likely be to freeze Apple-to-OpenAI talent movement while the litigation proceeds.

The broadcast also includes an interview with FCC Chairman Brendan Carr covering spectrum policy, satellite regulation, and broadcaster licensing — with significant discussion of ongoing FCC proceedings against Disney. Palantir co-founder Joe Lonsdale appears in a separate segment on AI investment and defense technology, previewing themes covered more fully in a companion Bloomberg interview.


📺 Source: Bloomberg Tech · Published July 13, 2026
🏷️ Format: News Analysis

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