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…
Samsung is preparing a $648 billion investment plan, according to a report, as the artificial intelligence boom reshapes South Korea's economy and technology landscape.…
Apple and Microsoft raised prices on MacBooks, iPads, and Xbox consoles in late June 2026 due to memory chip costs quadrupling since 2025, driven by AI data center demand. Apple increased prices by up…
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 …
Emerging-market stocks fell over 2% on June 23, the steepest drop since May 15, led by a tech selloff that sent South Korean chip giants Samsung and SK Hynix plunging more than 12%. The decline was tr…
Apple raised prices on Mac, iPad, and home devices on June 25, citing unsustainable memory chip costs driven by AI demand, triggering a selloff in Asian technology stocks. Apple shares dropped up to 6…
Amazon's Prime Day deal offers the Samsung 990 Pro 2TB SSD at $369.99, a 42% discount from its regular price. The NVMe drive delivers sequential read speeds up to 7,450 MB/s and write speeds up to 6,9…
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…
Amazon Prime Day offers the Samsung Galaxy Tab S10 Lite at 41% off, dropping the price from $399.99 to $237.49, its lowest ever. The deal includes a 10.9-inch 90Hz display, S Pen, Exynos 1380 processo…
Micron Technology's stock surged over 900% since August 2025, adding more than $1 trillion to its market capitalization amid a severe AI-driven memory shortage. The memory market is projected to excee…
Lingyi iTech, a Chinese electronics supplier to Apple, Huawei, and Samsung, priced its Hong Kong secondary listing at HK$10.18 per share, raising $1.06 billion. Trading begins June 26, 2025, with proc…
Micron Technology's market capitalization surged by $100 billion in a single day after reporting $41.5 billion in quarterly revenue, a 350% increase year-over-year, driven by soaring demand for AI mem…
Patronus AI raised $50 million in Series B funding to build simulation environments that stress-test AI agents before deployment in real enterprise systems. The round was led by Greenfield Partners wi…
Patronus AI, a startup founded by former Meta AI researchers, raised $50 million in Series B funding to build simulated digital environments that stress-test AI agents. The company's revenue grew 15-f…
Yangtze Memory Technologies Corporation (YMTC) surged to 13% of the global NAND flash market in Q1 2026, tying with SanDisk and Micron, driven by AI-fueled demand and nearly 445% year-over-year revenu…
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 shares fell nearly 6% on Thursday, wiping out about $250 billion in market value, after the company raised prices on iPads and Macs by up to $200, citing skyrocketing memory costs driven by AI d…
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 …
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…