U.S. stock futures rose Tuesday as semiconductor stocks like Micron and Intel bounced back after last week's sell-off, supported by strong earnings from 3M and General Motors. The Dow gained on these earnings beats, while the Nasdaq led gains driven by chip sector strength. Oil prices fell on reports of a potential 10-day ceasefire between the U.S. and Iran, easing pressure on growth stocks. Investors now await key AI-related earnings from companies like Alphabet, IBM, and Tesla later this week, which will test the sustainability of the chip-driven rally. Market direction hinges on whether key technical levels on the S&P 500 and Nasdaq hold amid ongoing geopolitical and economic uncertainties.
Micron has committed to investing $10 billion over the next decade to build a new research laboratory, with construction starting in 2027. This significant investment highlights Micron's focus on advancing technology and innovation in its field. The ...
Chip stocks declined this week not because of any industry-specific news but due to the 30-year Treasury yield reaching its highest level in 19 years. Rising long-term yields often pressure growth stocks like chipmakers, as higher rates increase borr...
Michael Burry has issued a warning that the rapid growth in AI data centers is fueled by complex financial arrangements like circular financing and off-balance-sheet vehicles, which obscure true leverage and risk, similar to the 2008 financial crisis...
Micron Technology's stock has surged over 30% in August 2026 due to strong demand for AI infrastructure, prompting BMO Capital Markets analyst Harsh Kumar to maintain a 'Buy' rating and a $1,300 price target. The rally is driven by a memory market su...
Micron Technology's shares have surged 228.54% year to date, driven by strong demand for memory chips in AI applications. The company reported record Q3 revenue of $41.46 billion and expects even higher Q4 revenue and earnings. Despite this historic ...
