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 Technology reported earnings that blew past analysts' expectations, with revenue of $50 billion versus estimates of $43.2 billion, and raised its capex guidance again to above $25 billion. The …
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…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, far exceeding Wall Street's $35.8 billion estimate, and earnings per share of $25.11, sending its stock up 15% in after-hours tradi…
Kioxia Holdings plans to offer U.S. depositary shares in spring 2027 and execute a stock split in Japan to capitalize on surging demand for AI-related semiconductor stocks. The NAND storage supplier, …
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…
SK Hynix, the dominant HBM chipmaker with 57% market share, plans a $29.65 billion Nasdaq listing on July 10, 2026, in the largest Korean ADR offering ever. The move challenges Micron Technology's pos…
A sell-off in AI-related stocks this week has raised questions about whether the market is experiencing a healthy pause or a panic, as investors reassess valuations amid massive capital spending by te…
Micron Technology acknowledged the growing capabilities and market share of China's ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) during an earnings call, validating …
Micron Technology reported fiscal Q3 2026 earnings per share of $25.11, far exceeding analyst estimates of $20.5, and revenue of $41.46 billion versus $35.7 billion expected, driven by high-bandwidth …
Asian stocks rallied as memory chipmakers SK Hynix and Micron Technology surged on AI-driven demand, with SK Hynix reaching a $1.12 trillion market cap and Micron rising nearly 20% after a UBS price t…
SK Hynix shares surged 12% on June 25, 2026, after the company filed plans to raise up to $29.4 billion through American depositary receipts on Nasdaq, nearly tripling its original target. The offerin…
Micron Technology reported fiscal third-quarter 2026 earnings that topped analyst estimates, citing soaring AI-driven demand for memory chips. The company disclosed $22 billion in customer commitments…
Micron Technology's HBM4 memory chip is ramping production at twice the speed of its predecessor HBM3E, with full allocation for 2026. The company's fiscal Q3 2026 results crushed Wall Street estimate…
Micron Technology CEO Sanjay Mehrotra announced that the company expects meaningful product shipments from its newly acquired Taiwan fabrication site by mid-2027, ahead of previous projections. The $1…
Wall Street stocks showed mixed results on Wednesday, with the Dow rising 486 points intraday but the Nasdaq closing down 0.6% amid a two-day slide of over 4%, as AI-related stocks like Micron and Cer…
Micron Technology reported fiscal third-quarter revenue of nearly $42bn, quadrupling year-over-year, driven by surging demand for high-bandwidth memory used in AI accelerators. Gross margins exceeded …
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion and adjusted EPS of $25.11, crushing Wall Street estimates by 16% and 22% respectively, driven by insatiable demand for high-bandwid…
Micron Technology forecasted fiscal year 2026 revenue exceeding $50 billion, topping analyst estimates, as its high-bandwidth memory production is sold out through 2026 amid an AI-driven memory shorta…
Bitcoin fell 4.5% to below $60,000 for the first time since September 2024, erasing all gains since Donald Trump's election victory. The decline is partly attributed to capital shifting from crypto to…