CXMT, formerly ChangXin Memory Technologies, surged 472% in its Shanghai debut on Monday after raising 66.6 billion yuan (US$9.8 billion) in China's second-largest IPO ever. The world's fourth-largest…
An unnamed AI stock has tripled in 2026 and could still double in three years, according to a Yahoo Finance article that hints the company is not Micron Technology. The stock's performance is tied to …
Alphabet's Q2 earnings revealed capital expenditures of over $78 billion in the first half of the year, with total 2026 spending expected between $195 billion and $205 billion, mostly on data centers …
ChangXin Memory Technologies (CXMT), the world's fourth-largest DRAM maker, is set to become China's most valuable listed company on its first trading day after raising $9.8 billion in an IPO that was…
Anthropic, the company behind the Claude AI models, has approached SK Hynix about securing high-bandwidth memory chip supplies to support its push into custom semiconductor development. The move follo…
Micron Technology secured a significant memory chip allocation for Tesla, CEO Elon Musk revealed during Tesla's Q2 2026 earnings call on July 22, calling the terms 'reasonable.' Micron's stock rose ro…
A new $3 trillion sector dubbed 'Memi'—a portmanteau of memory and semiconductors—is transforming global equities markets, fueled by AI's demand for memory chips, according to asset manager Harbor Cap…
Asian shares mostly rose Wednesday following a Wall Street rally, with Japan's Nikkei 225 climbing 1.9% to 67,511.12 and South Korea's Kospi surging 4.6% to 7,061.36, even as Brent crude oil rose $1.0…
SK Hynix completed the largest U.S. share sale by a foreign company in history, raising $26.5 billion as its American depositary receipts began trading on Nasdaq, with shares surging 13% on the first …
Micron Technology reported fiscal third-quarter revenue of $41.5 billion, nearly quadrupling from $9.3 billion a year earlier, driven by record demand for high-bandwidth memory chips used in AI data c…
Bank of America added Micron Technology to its US 1 List and upgraded the stock from Hold to Buy, raising its price target from $144 to $177, citing growing demand for memory chips driven by edge AI. …
Wall Street gains faded Monday as oil prices held near one-month highs after U.S.-Iran military strikes raised supply risks around the Strait of Hormuz, though the S&P 500 edged up 0.1% and the Nasdaq…
UBS projects Micron Technology will generate over $400 billion in cumulative free cash flow between 2027 and 2029, driven by AI memory demand, enabling the company to repurchase more than 40% of its o…
Semiconductor stocks led by AMD, Micron Technology, and SK Hynix jumped on Monday, recovering from a 9% drop in the PHLX Semiconductor Index last week. AMD rose 4% after Rosenblatt and UBS raised pric…
Micron Technology reported fiscal third-quarter revenue of $41.46 billion, up 346% from a year earlier and above analyst estimates of $35.6 billion, sending its stock up as much as 15%. The memory chi…
Franklin Templeton analysts are warning investors in Micron Technology and SK Hynix that AI-driven memory chip valuations, which have pushed the combined market cap of the three dominant memory player…
U.S. stock markets opened lower on Friday, with the tech-heavy Nasdaq Composite falling 1.8% and the S&P 500 down 1.2%, as tech stocks were weighed down by the launch of a new Chinese AI model and del…
Semiconductor stocks fell on Friday, with Micron Technology and Sandisk dropping more than 2% and Western Digital falling more than 3% in premarket trading, as global chip stocks have lost $3.3 trilli…
International Business Machines Corp.'s warning that sales are falling short of expectations due to customers shifting spending to AI infrastructure caused its shares to plunge 25%, their worst day si…
Global markets weakened on Friday as US-Iran tensions and a sell-off in semiconductor stocks drove investors away from risk assets, according to Anadolu Agency. Chip stocks remained under pressure as …