Micron Technology reported record revenue of $41.46 billion for the quarter ending June 24, 2026, a 346% year-over-year surge driven by AI demand for high-bandwidth memory, which is sold out through 2…
Micron Technology announced 16 multi-year strategic agreements for AI-optimized memory chips on June 24, with customers providing $22 billion in cash deposits and committing to roughly $100 billion in…
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 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%…
Micron Technology reported fiscal Q3 2026 revenue of $41.5 billion, far exceeding analyst expectations of $35.7 billion, and forecast Q4 revenue of $49-$51 billion with gross margins around 86%. The A…
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…
South Korean chip stocks rallied on Thursday after Micron Technology reported record quarterly revenue and an upbeat outlook, signaling sustained AI memory demand. Samsung Electronics rose 5.3% and SK…
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…