Federal Reserve Chair Kevin Warsh stated inflation remains too high with no clear indication of a July rate change, keeping markets cautious. Semiconductor stocks fell as investors took profits following an 80% surge in the first half of the year. Warsh acknowledged AI investment as a positive long-term factor but said the Fed needs more evidence before adjusting policy. The upcoming official payroll report will be closely watched to gauge the Fed's next move amid mixed market signals and sector rotations.
The FTSE 100 fell by 54 points to 10,443 amid mixed UK manufacturing data and flat house prices. Oil prices fluctuated due to ongoing indirect US-Iran talks in Doha, causing market uncertainty. US tech stocks, especially chipmakers like Micron and Sa...
Memory chip stocks like Micron, Samsung, and SK hynix have become major winners from the AI boom, each now valued over $1 trillion. Increased AI processor demands have led to widespread shortages in key memory types, giving these companies strong pri...
In the first half of 2026, the Nasdaq-100 index rose about 20%, with Micron Technology's stock rally responsible for more than a quarter of those gains. Micron's share price quadrupled, pushing its market value to $1.3 trillion. This concentration of...
Tech stocks Micron (MU), SanDisk (SNDK), and Qualcomm (QCOM) face pressure as rising US interest rates dampen momentum. Analysts note MU may find support around $1,000 with a target near $1,300, while SNDK could bounce between $1,950 and $2,400. QCOM...
Micron Technology and General Motors have entered a Strategic Customer Agreement to ensure a reliable, long-term supply of memory and storage solutions for GM's future vehicle platforms. This partnership supports GM's production needs amid rising glo...
