Micron Technology reported $41.5 billion in fiscal Q3 2026 revenue, quadruple the year-ago figure, while SK Hynix posted $35.53 billion in Q1 revenue, up 198% year-over-year. The semiconductor layer i…
AMD acquired MEXT, a startup that extends DRAM main memory to flash storage, to address soaring DRAM prices driven by GenAI demand. DRAM now accounts for up to 90% of server costs, with prices rising …
A class-action lawsuit filed in the U.S. accuses Micron Technology, Samsung Electronics, and SK Hynix of price-fixing and artificially restricting DRAM supply, causing consumer DDR5 memory prices to s…
Apple integrated Alphabet's Gemini large language model into Siri at WWDC 2026, driving demand for higher-memory devices as DRAM prices surged over 60% from the prior quarter, according to Micron Tech…
Wall Street opened higher on Monday after the US and Iran agreed to pause hostilities, with the Dow Jones, S&P 500, and Nasdaq Composite rising 0.3%, 0.4%, and 1.3% respectively. AI stocks traded mixe…
South Korea announced nearly 900 trillion won ($583 billion) in semiconductor investments led by Samsung Electronics and SK hynix, including four new memory fabs in the southwest and HBM packaging hub…
Asian markets were mixed on Monday as selling of AI-related shares pulled Japan's Nikkei 225 down 1% and South Korea's Kospi down 2%, while Hong Kong's Hang Seng gained 2.1%. The declines followed a W…
Micron Technology's market cap briefly surpassed Tesla and Meta on June 25 after fiscal Q3 revenue quadrupled to $41.46 billion, driven by surging demand for high-bandwidth memory chips used in AI inf…
Micron Technology reported a massive earnings beat for its fiscal third quarter, with adjusted earnings of $25.11 per share on revenue of $41.46 billion, far exceeding analyst expectations. The compan…
Micron Technology briefly surpassed Meta and Tesla in market valuation, reaching a $1.27 trillion market cap after its stock surged 236% in a month. The company's revenue quadrupled to $41.45 billion …
Micron Technology reported fiscal Q3 2026 earnings with $41.46 billion in revenue and $28.24 billion in net income, achieving an 84.9% gross margin that surpasses Nvidia and Meta. The memory chipmaker…
Micron Technology reported record Q3 2026 revenue of $41.5 billion, driven by demand for high-bandwidth memory used in AI systems, and sold its entire 2026 HBM production under long-term contracts. Th…
Most U.S. benchmarks rose on Friday, but AI-related stocks dragged Wall Street toward a weekly loss. The S&P 500 recovered to a 0.5% gain, the Dow Jones Industrial Average rose 194 points, and the Nas…
Fondförvaltaren Kristofer Barrett viktar ned techjättar som Apple, Amazon och Microsoft i sin portfölj på grund av stigande kostnader för minneschip och halvledare, vilket pressar tekniksektorn. Han s…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, a 346% year-over-year surge driven by AI memory demand, with non-GAAP EPS of $25.11 beating estimates. The chipmaker guided Q4 reve…
Wall Street faces a red open as tech stocks continue to fall, with Nasdaq 100 futures down 1.2% and S&P 500 futures down 0.5%. The decline is driven by weakness in semiconductor stocks and news that O…
Global tech stocks experienced extreme volatility this week, with AI-related shares swinging sharply amid concerns about high capital expenditure and rising chip costs. Apple's price hike on iPads and…
Micron Technology reported fiscal Q3 2026 earnings on June 24, projecting that the global memory chip shortage will persist beyond 2027 due to surging AI demand for high-bandwidth memory and DRAM, con…
HSBC raised its price target on Micron Technology to $1,700 from $1,100, marking the fifth increase this year, driven by surging AI memory demand. Micron's fiscal third-quarter revenue hit $41.46 bill…
Micron Technology reported a 346% surge in quarterly revenue and a profit of $28.2 billion, far exceeding analyst expectations and sending its stock up 15%. The results helped stabilize markets after …