To The Moon

Micron Technology's stock surged 5.00% during Friday's intraday trading, marking a notable rebound amid recent volatility in the semiconductor sector.The rally was fueled by renewed optimism...

On July 17, Sandisk fell 3.12% in after-hours trading to approximately $1,364.68/share, with turnover of $262 million. The stock had already plunged 12.63% during the regular session, with...

Memory chip giant Micron Technology announced it will exit the consumer memory business to fully focus on producing advanced HBM chips for AI data centers. This strategic shift comes amid global...

BUZZ-Memory chip stocks fall after Kioxia reports profit and sales dip** Shares of memory chip makers fall premarket, after flash-memory manufacturer Kioxia posts HY sales and profit decline ** Japan-based Kioxia reports a 13% fall in sales for six months ended September 30 to 791.15 bln yen and a 66.5% decline in profit to 58.94 bln yen** Shares of Seagate Technology STX.O down ~4%, while Western Digital WDC.O dips more than 3%** Sandisk SNDK.O, which has a JV with Kioxia Corp, a subsidiary of Kioxia Holdings, down ~6% at $266.8** Up to last close, STX and WDC have more than tripled, while SNDK is up nearly eightfold since its return to Nasdaq in February this year

EXCLUSIVE-Micron to exit server chips business in China after ban, sources sayChina in 2023 banned use of Micron products in critical infrastructure Micron to continue to sell chips to auto, mobile phone sectors, source says China has also said Nvidia and Intel products pose security risks but no action taken By Hyunjoo Jin and Brenda Goh

I’ve seen a handful of new AI models emerge over the years, but the DeepSeek release is as mysterious as it gets. Despite being totally free and even currently sitting at the top spot in the free apps category on the App Store, “everyone” says it offers performance comparable to ChatGPT’s paid tiers. You can throw intricate coding questions at it, pepper it with advanced math problems, or ask for in-depth analyses, and the early feedback suggests it handles all of that without breaking a sweat.

Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street. Micron Technology Inc. came up well short of the consensus view with its outlook for the current quarter, but that shouldn't have come as much surprise to Wall Street, according to to TD Cowen analyst Krish Sankar.Rather, the biggest shock to him is that Micron's stock is down so much after the company's forecast, which called for $1.43 in adjusted earnings per share at the midpoint. Admittedly, that was even under Sankar's below-consensus estimate of $1.65, but he spies a buying opportunity "given the well-understood weakness in near-term memory pricing" but upbeat tone on artificial intelligence.Micron shares are off 16.6% in morning trading Thursday and pacing toward their worst single-day percentage decline since a 19.8% drop seen on March 16, 2020, according to Dow Jones Market Data.Don't miss: Broadcom is having