Micron faces potential September volatility before its Q4 earnings on Sept. 30. Despite strong AI-driven demand and strategic contracts, historical seasonality and market skepticism regarding its cyc…
Jim Cramer recommends buying Micron (MU) stock, alongside Seagate, Western Digital, and Sandisk, citing unprecedented AI-driven demand for memory chips. While acknowledging the historically cyclical …
SK Hynix reached a tentative wage deal shifting most bonus payouts from cash to company stock alongside a 6.3% base wage increase. Coming after a record $28.6 billion share cancellation plan, the agr…
Nikkei surged 3.34% led by chip stocks (SoftBank, Tokyo Electron, SK Hynix) amid AI optimism and hopes for a US-Iran deal to reopen the Strait of Hormuz, pressuring oil prices lower while US indices …
SK Hynix ADRs jumped 5% as six brokerages issued bullish ratings, citing AI memory dominance and HBM chip demand, despite trading below IPO price and mixed earnings.
SK Hynix reported massive profit and revenue surges driven by AI memory demand, yet missed Wall Street estimates. This triggered a 34% drop from post-IPO highs as cyclicality fears and potential over…
Citi expects Nvidia's upcoming Rubin CPX GPUs to lead AI memory and reasoning model advancements, offering superior efficiency and cost savings versus competitors, likely boosting Nvidia’s revenue an…