Micron Technology was selected as a supplier of high-bandwidth memory chips to Nvidia, a significant partnership in the semiconductor industry. Despite this positive development, Micron's stock price declined due to investor worries about overall memory-chip demand in the market. This suggests that broader industry concerns are currently outweighing the impact of the new Nvidia deal. Investors will be watching closely to see if demand improves and how this partnership influences Micron's future performance.
On June 5, chip maker stocks led losses in the S&P 500 with Micron falling 13%, Intel and Sandisk down 11%, and Marvel Technology dropping 16.7%. Despite the sharp declines, these stocks have seen strong gains earlier in 2026, with Micron up 249% and...
Major semiconductor stocks experienced a sharp sell-off on Friday, leading to the PHLX Semiconductor Index dropping 10.3%, marking its largest single-day decline since March 2020. This downturn reflects investors moving away from momentum stocks amid...
Goldman Sachs projects annual AI capital spending to reach $765 billion by 2026 and $1.6 trillion by 2031, driving growth in AI-focused investment funds. Three active or active-leaning ETFs—iShares A.I. Innovation and Tech Active ETF (BAI), iShares F...
The Trump Ballroom Tracker, an index tracking companies donating to Trump's ballroom project, has gained about 26% in 2026, outperforming the S&P 500's 10.82% rise by 15.18 percentage points. Key contributors include Micron Technology with a 352.5% r...
Shares of leading semiconductor companies Micron, SanDisk, and Marvell dropped 5-6% in a coordinated sell-off, marking a rare pullback after massive gains in 2026. These stocks, part of the "Parabolic 7" group, have surged hundreds of percent year-to...
