Citadel Advisors acquired much of the $16 billion public-equity book of Leopold Aschenbrenner's AI-focused fund Situational Awareness after its portfolio fell 67% in July, then shed more than 80% of t…
Sandisk released the NAS 600 SATA SSD and NAS 800 NVMe SSD, designed for network-attached storage environments to support AI workloads. The NAS 600 offers capacities up to 4TB with endurance up to 2,5…
SK Hynix is backing optical interconnects and co-packaged optics (CPO) as the key to breaking the AI memory wall, according to a paper co-authored with researchers from the University of Virginia, Nan…
Nutanix partnered with neocloud ChronoScale to deliver AI infrastructure for enterprises, with ChronoScale leveraging Nutanix software in its AI infrastructure platform. Sandisk unveiled high-enduranc…
Jim Cramer recommended four memory stocks on Monday, all up at least 188% year-to-date, citing AI-driven demand and disciplined supply as reasons for continued upside. Sandisk has surged 584%, Seagate…
Fifteen S&P 500 companies have gained 100% or more this year, driven by the AI boom, with Sandisk leading at nearly 600% amid strong memory chip demand, according to Yahoo Finance analysis. The list i…
Dow Jones futures and S&P 500 futures were little changed early Wednesday, while Nasdaq futures fell slightly, after the stock market retreated Tuesday and erased recent gains. Chips and AI hardware s…
Wall Street's main indexes closed lower on Tuesday, Aug 18, with the S&P 500 losing 0.69% to 7,691.76 and the Nasdaq Composite shedding 1.33% to 26,289.71, as rising bond yields and Middle East uncert…
Sandisk taped out its first High Bandwidth Flash (HBF) memory die, a milestone announced at its 2026 Investor Day on August 13, with first HBF inference product samples targeted for 2027. The first-ge…
Micron Technology shares fell more than 8% on July 28, 2026, as a sector-wide semiconductor selloff erased over $1 trillion in combined market capitalization from major chipmakers including SK Hynix, …
Swedish fintech Klarna AB plunged about 20% on the Nasdaq after its Q2 report showed revenue beat and an unexpected profit but cut full-year forecasts, while Swedish electric truck maker Einride AB su…
Anthropic reported Q2 2026 revenue exceeding $11.5 billion, a 14-fold jump from $787 million a year earlier, boosting tech stocks as Nasdaq 100 futures rose 0.5% on August 17. The AI company behind Cl…
Zacks Investment Research stock strategist Ethan Feller analyzed whether memory chipmakers like Micron Technology (MU) and Sandisk (SNDK) or AI hyperscalers offer better investment opportunities, as b…
Stocks diverged at the open on Monday, with the Dow Jones Industrial Average and S&P 500 slipping while the tech-heavy Nasdaq Composite wavered, as a large revenue haul by AI startup Anthropic helped …
Nasdaq and S&P 500 traded near the flatline while Dow Jones declined, as AI optimism lifted semiconductor stocks after Bloomberg reported Anthropic's second-quarter revenue surged 14-fold. Sandisk ros…
Micron launched a $250 million fund to invest in AI startups that buy its memory chips, aiming to gain early insight into future demand for DRAM, HBM, and NAND. The move follows Micron Ventures' earli…
Leveraged exchange-traded funds (ETFs) have snapped back as fresh money flows into speculative trades, with Bloomberg Intelligence data showing leveraged index funds created nearly US$50 billion in we…
Sandisk, the U.S. memory company, forecasts revenue growth of a mid-to-high single-digit percentage annually for fiscal years 2028 to 2030, driven by strong demand from AI infrastructure expansion. Th…
The S&P 500 hit a record high on Thursday, climbing 0.56% to 7,791.70 points, as tame producer price inflation data eased concerns about a September Federal Reserve rate hike. Memory chip makers Sandi…
The High Bandwidth Flash consortium, led by Sandisk and SK Hynix with members including Google and Tenstorrent, released its first technical specification for a new NAND-based memory standard targetin…