Micron Technology reported fiscal third-quarter revenue of $41.46 billion, up 346% from a year earlier and above analyst estimates of $35.6 billion, sending its stock up as much as 15%. The memory chi…
A punishing technology selloff erased billions in market value in the week ending July 17, with the technology sector tumbling 5.9% and the iShares Semiconductor ETF sinking 19% month to date, as inve…
Semiconductor stocks fell on Friday, with Micron Technology and Sandisk dropping more than 2% and Western Digital falling more than 3% in premarket trading, as global chip stocks have lost $3.3 trilli…
Wall Street ended lower on Thursday, with the tech-heavy Nasdaq Composite falling 1.5%, as AI-related stocks tumbled. TSMC dropped 2.3% despite a strong quarterly report, as its raised capex forecast …
Wall Street fell on Thursday, with the S&P 500 down 0.3% and the Nasdaq Composite dropping 1.2%, pressured by weakness in AI and semiconductor stocks after a cool reception to TSMC's earnings report a…
Technology stocks led global markets lower Thursday, with the Nasdaq futures down 0.8% as chip and memory companies like Western Digital and SanDisk fell over 7%, amid investor concerns that AI-driven…
Micron Technology lost $110 billion in market value after its shares dropped 10%, extending a sector-wide selloff that also hit SK Hynix, Samsung Electronics, SanDisk, Western Digital, and Seagate. Th…
SK Hynix suffered its biggest one-day share price fall on record, sliding more than 15% in Seoul and wiping billions from its market value, just one trading session after its Nasdaq debut. The decline…
SK Hynix American depository shares fell 8.9% on Monday, days after the company's record-breaking $26.5 billion U.S. IPO, as analysts raised concerns about valuation and cyclical demand for high-bandw…
Micron Technology shares fell 6% on July 13 after SK Hynix posted a second-quarter profit forecast 8% below analyst consensus, driven by delayed shipments of HBM4 chips. The miss triggered a 15% singl…
SK Hynix stock sank 15% in Asia on Monday, leading a broad decline in chip stocks as investors took profits amid concerns of an overstretched AI trade and a report that the company's operating profit …
Western Digital (WDC) is benefiting from rising demand for storage driven by artificial intelligence applications, coupled with tight supply conditions for hard disk drives (HDDs). The company's posit…
Micron stock surged up to 9% after the memory-chip maker announced an additional $50 billion in US chipmaking spending, bringing its total planned investment through 2035 to $250 billion. The move, pr…
Micron Technology, Sandisk, and Marvell stocks jumped on Thursday, leading a broader chip sector rally driven by AI memory demand. The gains followed reports that SK Hynix's US IPO is oversubscribed, …
Semiconductor stocks that surged on AI demand in the first half of 2026 are now declining, with Micron's 346% revenue growth failing to prevent a 7.5% stock drop on July 7. Chipmaker Sequans Communica…
Western Digital executive Nicolas Frapard argues that as AI scales, data storage becomes a bigger challenge than compute, with HDDs remaining essential for cost-effective large-scale storage despite t…
Sandisk stock surged 34% in June 2026, driven by AI data-center demand for NAND flash memory, with shares climbing from $1,695 to over $2,090. The rally was fueled by strong Q2 revenue of $3.03 billio…
Samsung Electronics reported a 19-fold jump in quarterly profit, but its stock fell up to 10% as investors took profits from the AI-fueled rally, dragging down other chip stocks like Micron, Sandisk, …
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…
Wall Street opened higher on Wednesday after Micron Technology's strong quarterly earnings report boosted other semiconductor stocks. The Nasdaq Composite rose 0.9%, the S&P 500 gained 0.8%, and the D…