Microsoft raised Xbox Series X|S prices by $100 to $150, effective August 1, citing surging memory and storage costs driven by AI demand for high-bandwidth memory chips. Apple also increased MacBook a…
A 25-year-old from Malmö becomes a dollar billionaire on AI, while the podcast discusses Arvid Lunnemark, Anysphere, and the psychology of wealth. The stock market segment covers Micron, AI chips, mem…
Micron reported blowout third-quarter results and a better-than-expected outlook, sending its stock up 15%. The company is adopting long-term customer agreements with price floors to avoid the memory …
The collective market value of the Magnificent Seven tech giants has shrunk by nearly $3 trillion over the past month, with the CNBC Magnificent Seven index down over 11% and continuing to fall. Micro…
Elon Musk warned that the recent memory chip price surge is the largest he has ever seen, driven by insatiable AI demand for DRAM and high-bandwidth memory. The shortage has caused chipmaker stocks to…
Apple raised prices on 14 products, including Macs, iPads, Apple TV, HomePod, and Vision Pro, citing a memory chip shortage driven by AI data center demand from companies like OpenAI and Nvidia. The i…
Apple raised prices on iPads, Macs, HomePods, Apple TV, and Vision Pro by up to $2,800 on June 25, citing rising memory chip costs driven by AI demand. The increases range from 15-30% on MacBooks and …
Apple raised prices across most of its products, blaming surging RAM and storage costs driven by AI server investment. The increases hit iPads, Macs, and accessories like the Apple TV, with some model…
Apple is raising prices on Macs and iPads by at least 15%, attributing the hikes to the AI boom and increased demand for memory and storage from data center buildouts. The entry-level MacBook Air now …
South Korean chipmaker SK Hynix plans to raise up to $29.4 billion in a U.S. IPO to build chip factories in South Korea, not America, highlighting a reliance on foreign suppliers for AI infrastructure…
Micron Technology reported record Q3 FY26 revenue of $41.16 billion, up 74% sequentially and 346% year-over-year, with net income surging 1,400% to $28.2 billion. The memory maker's strong performance…
Bank of America's European equity strategist Sebastian Raedler recommends investing in overlooked defensive sectors like consumer staples and pharmaceuticals to hedge against a potential AI stock down…
Nasdaq futures surged 2.24% on June 25 after Micron reported an earnings beat and issued an upbeat outlook, while Qualcomm set a $15 billion data-center revenue target by 2029, boosting chip stocks. M…
Micron reported record fiscal Q3 2026 revenue of $38.24 billion, up 346% year-over-year, driven by AI demand for memory and NAND. The company raised DRAM prices by low-60s% and NAND prices by mid-80s%…
Apple raised iPad and MacBook prices on Thursday, citing soaring memory and storage chip costs driven by AI industry demand. The increase, which does not affect iPhones, pushes the starting price of t…
Apple raised Mac mini prices from $599 to $799 and increased iPad Pro and iPad Air prices, citing memory costs driven by AI infrastructure demand. The shift in DRAM supply toward high-bandwidth memory…
Apple announced significant price increases for its iPad and MacBook lines, citing soaring memory and storage chip costs driven by AI data center construction. The price hikes include the MacBook Air …
South Korean chip giant SK Hynix announced plans to raise up to $29.4 billion through a US stock market listing on Nasdaq, aiming to capitalize on surging investor appetite for AI stocks. The Nvidia s…
Micron CEO Sanjay Mehrotra said the AI-fueled global RAM and NAND shortage will continue through 2027 and improve gradually in 2028, but the company has no visibility on when supply will catch up with…
Apple CEO Tim Cook confirmed that price increases for the upcoming iPhone 18 Pro are unavoidable due to a global memory chip shortage driven by AI demand, with DRAM and NAND costs surging up to 75% ye…