The rapid AI expansion is causing a shortage of high-bandwidth memory (HBM) needed for AI accelerators, benefiting companies like Micron and SK hynix. However, Nvidia is reportedly testing Rubin Ultra GPUs with reduced memory (192GB-288GB) due to supply constraints, potentially lowering memory sales. Despite this, performance drops significantly below 500GB, and the industry trend is toward larger memory capacities (500GB-1TB) in future products. This suggests Nvidia's move is a temporary supply-driven compromise, not a shift in demand. For Micron investors, the risk of lower memory specs is real but likely short-term, with AI workloads continuing to drive strong memory demand.
Memory and storage stocks including Micron, SanDisk, and Western Digital dropped 5-7% due to rising U.S. Treasury yields increasing the cost of capital and discount rates on future earnings. This selloff is a valuation reset after a strong 2026 rally...
Jim Cramer broke his usual rule by endorsing buying SanDisk stock even after it surged over 591% year-to-date, arguing that the memory chip industry has fundamentally changed. He points to new multi-year take-or-pay contracts with firm volume and pri...
David Tepper’s Appaloosa Management disclosed new large positions in American Airlines and Boeing in Q2 2026, marking a strategic move into the aviation sector. This follows Tepper's successful call on memory-chip stocks like Micron, which soared in ...
David Tepper's Appaloosa fund initiated significant put option positions on Apple and Berkshire Hathaway, suggesting a cautious or hedging approach amid concerns over Apple's inflated earnings and memory pricing volatility. The puts on Berkshire like...
David Tepper's Appaloosa LP disclosed its Q2 2026 portfolio centered on five mega-cap AI-related stocks: Amazon, Micron, Taiwan Semiconductor, Meta, and Alphabet. Tepper maintained Amazon as the largest holding and trimmed Micron shares by 41%, takin...
