Micron Technology's stock dropped nearly 13% over two days, marking its worst decline since April 2025, driven by overheated technical indicators and broader semiconductor sector weakness. Despite the sharp pullback, the stock remains significantly above its 200-day moving average, and key momentum indicators suggest the longer-term uptrend is intact. Analysts from Citi and Melius Research remain bullish, raising price targets based on expected DRAM price increases and tight supply conditions through 2027. The sell-off reflects short-term technical pressures rather than a fundamental shift in the chip market outlook.
Shares of memory chip makers including Seagate, Micron, SanDisk, and Western Digital fell sharply after Seagate's CEO expressed concerns about meeting the rising demand driven by AI development. The CEO highlighted that expanding production capacity ...
The Roundhill Memory ETF (DRAM) and iShares Semiconductor ETF (SOXX) differ mainly in investment focus and risk. SOXX provides diversified semiconductor exposure across the chip industry with a low expense ratio, making it suitable for long-term inve...
Michael Burry, famous for predicting market crashes, has declared in May 2026 that the stock market has peaked, citing the rapid rise in semiconductor and tech stocks like NVIDIA as reminiscent of the 2000 dot-com bubble. Despite strong fundamentals ...
Leopold Aschenbrenner, a young billionaire investor and former OpenAI researcher, has updated his Situational Awareness Fund holdings, focusing heavily on AI infrastructure, data centers, and computing power. Key investments include Bloom Energy, San...
Hong Kong-based Prime Capital Management, led by Liu Yijun, has achieved impressive returns in 2026 by focusing investments on a few top-performing stocks like Nvidia, Taiwan Semiconductor, Micron, and Tesla. The fund's strategy of concentrated bets ...
