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SANDISK AI CHIPS
Kioxia, Sandisk plan $31.4 billion Japan investment to boost AI chip outputKioxia and Sandisk will invest over $31.4 billion to increase chip production. This significant investment will occur over the next six yea...- US stocks today: US stocks slip as Iran tensions test rally in a high-stakes week for marketsWall Street started the week under pressure as Iran tensions, rising Treasury yields and Nvidia earnings weighed on sentiment. The S&P 500 ...
- Memory stocks face headwinds as 'smart money' walks outMemory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk...
- SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
- US stocks: Tech selloff weighs down Wall Street as bond yields climbWall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly e...
- US stocks: US market edges lower as Middle East tensions offset AI optimismStock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight...
- US stocks: S&P 500 notches record-high close as rate-hike worries easeThe S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, e...
- 25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
- US stocks: Dow, S&P slip as investors eye Mideast talks, earningsMajor stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digested corporate earnings and looked fo...
- Why US markets are up: S&P 500, Nasdaq edge higher as broad gains offset tech sell-off; Middle East peace hopes in focusUS stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pressure after disappointing investor ...
- Sandisk forecasts upbeat quarterly revenue on AI-driven demandSandisk anticipates higher quarterly revenue, fueled by robust demand for AI data center memory chips. The company is now prioritizing long...
- South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloffSouth Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled ...
- US stocks: US market starts the month strong as Mideast deal hopes riseMajor US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now pre...
- AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysAschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...
- Ex-OpenAI employee's hedge fund Situational Awareness hit by AI stock rout; seeks fresh fundingSituational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...
- US stocks: US market ends sharply higher, lifted by soaring MicrosoftWall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...
- Vertiv shares crash 14% in pre-market after Q2 revenue misses estimatesVertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre ...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
- Why SanDisk stock plunged despite Wall Street's bullish outlookSanDisk shares tumbled over 12% amid profit-booking and weakness in semiconductor stocks. Despite the decline, analysts remain bullish, cit...
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