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MICRON AI DEMAND
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
If you had invested $1,000 in Micron stock 42 years ago, you wouldn’t believe how much it could be worth todayA $1,000 investment in Micron Technology at its 1984 initial public offering (IPO) would be worth approximately$718,669 today, based on the...
Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costl...
US stock market crash today: Why are Dow Jones, Nasdaq and S&P 500 falling? Intel, Amazon, Nvidia and AMD stocks slideWhy is the US stock market down today? Weak earnings from Intel and Amazon, plus AI worries, pulled the Nasdaq down 2.14% and the S&P 500 d...
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
Weak quarter for Intel sends shivers through cooling chip stocksChip stocks, particularly those affected by Intel's earnings, faced significant declines following the report's release. Intel attributed i...
The bond market swings, but US stocks remain steady after the Fed says it won't raise interest ratesU.S. stock markets rallied following the Federal Reserve's decision to keep interest rates steady. As inflation remains a concern, investor...
US stocks today: US stocks end higher as Fed holds rates; focus turns to earningsUS stock markets ended on a high note after the Federal Reserve opted to maintain current interest rates while gauging the economic landsca...
US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meetIn the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix,...
Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
Micron workers in Taiwan to strike in push for bigger profit shareHuge global appetite for chips used in AI data centres has sent revenues soaring for firms that design, produce and assemble them but as th...
US stocks: Nasdaq slides toward one-month low as AI selloff deepens, inflation pressures buildOn Thursday, the Nasdaq index fell sharply, hitting near a near-month low amid rising concerns about how increasing interest rates might im...
Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...
US chip stocks slide as China’s CXMT advances; AI spending fears rattle investorsShares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China's CX...
How an Idaho potato farmer backed Micron when it lost its only customer, helping a basement startup enter America’s semiconductor big leaguesPeople might wonder what led an Idaho potato farmer to invest in a chip company in 1978, when semiconductors were far from the global force...
Samsung expects 780% quarterly operating profit jump on AI boomSamsung Electronics anticipates a remarkable surge in its third-quarter operating profit, fueled by soaring memory chip prices. With an est...
Nvidia soars near $6 trillion market cap with stock back at highNvidia has witnessed a remarkable surge in its stock price, propelled by a promising revenue forecast and a robust buyback initiative. The ...
Micron stock has surged 275% this year; MU earnings beat Wall Street estimates as AI demand fuels $60 billion-$63 billion revenue outlookMU stock today: Micron reported better-than-expected earnings, resulting in a significant stock increase for the company this year. The com...
Global Market: Japan’s Nikkei hits six-week high as chip stocks rally on AI optimismJapan's Nikkei share average soared to a six-week peak, buoyed by chip sector stocks after favorable earnings guidance from Micron Technolo...
Micron earnings: AI chip demand drives fresh memory boomMicron reported record revenue and profit, beating expectations, while strong AI data-centre demand drives memory sales. Robust HBM demand,...