In Monday's US stock market session, Micron Technology (MU) led the volume charts, closing up 9.87% with a trading volume of $50.184 billion.
This followed a significant 13.25% decline in the stock on the previous Friday, as technology stocks broadly rebounded on Monday.
During a recent presentation, Micron's CEO, Sanjay Mehrotra, argued that the AI competition is fundamentally a contest in memory technology.
He noted that AI is still in its very early stages, with demand for memory from large language models and inference applications continuing to rise, positioning memory as a critical infrastructure for intelligence.
On the supply side, he highlighted structural constraints, pointing out that new wafer fab construction takes three to four years and that yield improvements per wafer from technological advances are slowing, suggesting tight supply conditions could persist beyond 2026.
He emphasized that manufacturing memory technology is extremely difficult and has long been undervalued by the market, stating that success, whether in a $200 billion investment plan or navigating industry cycles, depends on resilience, discipline, and a long-term perspective, with investments grounded in data and fundamentals.
NVIDIA (NVDA) ranked second by volume, gaining 1.73% with a trading volume of $28.603 billion.
The company announced collaborations with several South Korean technology firms, including SK Hynix, SK Telecom, Doosan Group, LG Group, and NAVER, with a focus on artificial intelligence and robotics.
CEO Jensen Huang stated that chip manufacturing will increasingly be driven by AI and robotics, and that robotics and physical AI technologies developed in Korea could be applied to industrial sectors.
This follows an announcement from NVIDIA's visit to Korea in late October 2025, where it partnered with the country's three major conglomerates—Samsung, SK Group, and Hyundai Motor Group—to build AI factories.
Marvell Technology (MRVL) was the third most actively traded stock, surging 9.63% on a volume of $24.562 billion.
This strong performance came after the stock plunged 16.74% at the close on Friday.
The rebound followed an announcement from S&P Global that the Nasdaq-listed semiconductor company will be added to the S&P 500 index on June 22, joining the ranks of the top 500 leading US companies.
Tesla Motors (TSLA) secured the fifth spot, rising 4.59% with a trading volume of $19.915 billion.
Chief Designer Franz von Holzhausen recently revealed at an event that the official launch of the next-generation Roadster electric supercar is imminent, with its unveiling expected within the coming weeks.
If this timeline holds, the new vehicle could be presented to the public as early as late June or early July, ahead of previous media reports suggesting an "August debut."
Intel (INTC) ranked sixth, soaring 11.19% with a volume of $14.87 billion.
The stock recorded its largest one-day gain in a month following reports that Alphabet's Google had awarded it an order for more than 3 million specialized AI chips for delivery by 2028.
According to two unnamed sources familiar with the matter, Google selected Intel to manufacture a portion of its Tensor Processing Units (TPUs) after months of technical testing.
The sources indicated that as TSMC struggles to meet robust market demand, Intel is securing orders from companies like Google.
Advanced Micro Devices (AMD) was the tenth most-traded stock, climbing 5.14% with a volume of $12.149 billion.
The company announced at London Tech Week its plan to invest up to £2 billion in the UK over the next five years to accelerate innovation, research, and compute infrastructure development in the AI sector.
CEO Lisa Su stated during the main forum that despite the breakthrough progress in AI over recent years, the industry as a whole is still at a "very, very early stage."
Su noted that the UK possesses a dynamic ecosystem for technological innovation, with distinct advantages in research, entrepreneurship, and the presence of large enterprises, which are key reasons for AMD's continued investment.
She added that AMD has been operating in the UK for over 50 years and has significantly expanded its talent and engineering teams there over the past five years.
According to AMD's plan, the company will align with the UK government's AI Action Plan and AI Hardware Strategy to support the country in building world-class AI infrastructure, nurturing technical talent, and promoting the practical application of AI.
UK Chancellor of the Exchequer Rachel Reeves endorsed AMD's investment plan, stating it could advance the UK's frontier technology, help the public acquire job skills, and boost economic development.
Alphabet (GOOGL) (Class A shares) ranked twelfth by volume, closing with a decline.
Amazon.com (AMZN) ranked thirteenth, edging down 0.33% with a trading volume of $8.259 billion.
Amazon announced a multi-billion-dollar agreement with glass and fiber optic technology manufacturer Corning to supply optical fiber, cables, and connectivity solutions.
This deal is intended to support Amazon's expanding data center infrastructure across the United States.
Applied Materials ranked seventeenth, advancing 8.639% with a volume of $4.701 billion.
The stock had closed down 9.7% on the previous Friday.
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