Micron Technology reported stronger-than-expected earnings and raised its guidance thanks to rising DRAM and NAND prices and robust demand from data centers. However, major tech companies like Alphabet, Microsoft, Oracle, and Meta are shifting to heavy capital expenditure models, reducing free cash flow and buybacks. The surge in equity and AI-related debt issuance is straining credit markets, raising concerns about a potential broader tech market correction. The NASDAQ also fell sharply, reflecting waning investor confidence in the AI-driven capex cycle.
Micron reported an exceptional 346% revenue growth in Q3 FY26, showcasing strong earnings and guidance. Despite this, tech and semiconductor ETFs fell last week due to investor concerns about inflation-driven supply chain costs affecting the AI secto...
Qualcomm is advancing AI technology by creating a new chip architecture called high bandwidth compute (HBC) that integrates AI accelerators directly beneath stacked LPDDR memory, significantly reducing data transfer delays and power consumption. This...
Micron's stock price surged from $124 to $1,132 in one year, driven by high demand for its AI-related memory products like HBM and DRAM. The company sold out its 2026 HBM production capacity under long-term contracts, boosting revenue visibility and ...
Apple is lobbying the US government for permission to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese supplier on the US blacklist. This move aims to reduce Apple's rising component costs amid recent product price hikes. However,...
Apple and Microsoft have raised prices on key devices due to soaring memory costs driven by a global supply crunch linked to AI chip demand. While large companies can absorb or pass on these costs, smaller electronics manufacturers struggle with skyr...
