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Micron stock keeps rising with memory-chip prices but ING warns Chinese competition could eventually curb the gains.
SK Hynix (USOTC:HXSCL) reached a significant milestone on Monday as its market value overtook that of Samsung Electronics (USOTC:SSNHZ), making the memory chip manufacturer the most valuable publicly traded company in South Korea. Shares of SK Hynix climbed 3.
U.S.-Iran talks continue in Switzerland, housing is out of its deep freeze, the next hot quantum stock is an AI data center play, and more news to start your day.
Micron earnings and PCE data headline a busy week for investors.
↘️ SpaceX (SPCX): Shares of Elon Musk's rocket company declined 3% premarket, setting up the stock for its third straight session of declines since it began trading publicly a little over a week ago. ↗️ Intel (INTC): Shares in the tech giant climbed 4% premarket.
Wall Street analysts are raising their price targets on Micron. Those could be smart moves.
SK Hynix shares rose 5.6% in Seoul trading on Monday, pushing its market capitalization to $1.35 trillion.
Stocktwits data showed retail sentiment has remained ‘bullish’ on SPY and QQQ.
Investors are looking forward to another week of chip stock reveals. Qualcomm is expected to give more details about its contract with a major data-center customer at its investor conference. Micron, the latest trillion-dollar semiconductor company, reports earnings.
SK Hynix has surpassed Samsung Electronics in market cap for the first time since 2000, now worth more than Bitcoin at $1.35 trillion.
Micron Technology (NasdaqGS:MU) has selected Bechtel to build a large semiconductor manufacturing campus in Clay, New York. The project is described as the largest private investment in New York's history and a major U.S. chip industry development. The new facility is part of Micron's broader U.S. manufacturing expansion, with plans for significant job creation and supply chain capacity. For investors following Micron Technology, this construction agreement with Bechtel signals a major step...
Donald Trump threatened fresh strikes on Iran after Tehran closed the Strait of Hormuz over hostilities in Lebanon, triggering a drop in global markets.
SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Alphabet's Google, has emerged as one of the biggest beneficiaries of the global AI boom, propelling a more than 340% rally in its shares this year and lifting its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2,081.3 trillion won, excluding preferred shares.
SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Google has emerged as one of the biggest beneficiaries of the global AI boom, helping propel its shares up more than 340% this year and lifting its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares.
The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make it the country's most valuable firm. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares. Samsung Electronics had held the top spot since 2000.
Micron Technology, Inc. (NASDAQ:MU) is included among the Top 12 Dividend Stocks to Buy According to Billionaire Cliff Asness. On June 18, Rosenblatt raised its price recommendation on Micron Technology, Inc. (NASDAQ:MU) to $1,200 from $600. It reiterated a Buy rating on the shares ahead of the company’s fiscal third-quarter earnings report scheduled for June […]
FedEx Q4 earnings, Micron's AI memory results, and May PCE inflation data are the three events set to move markets this week.
Most investors focus on how many AI chips companies like Nvidia sell to gauge AI demand. But Micron investors may want to watch a different number.

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch this week, including Micron (MU) earnings, Cerebras (CBRS) earnings, Carnival (CCL) earnings, home sales data, and Personal Consumption Expenditures (PCE) inflation data.
Paychex, Trip.com, and McCormick will also report earnings. Economic date this week include the Fed’s preferred inflation gauge and new-home sales.
Thursday delivers an economic data convergence with Q1 GDP revision, May Core PCE, durable goods orders, and initial jobless claims all at 8:30am, providing comprehensive economic assessment. The week features critical semiconductor earnings from Micron (MU) Wednesday and FedEx (FDX) Tuesday testing chip demand and logistics health.
Hewlett Packard Enterprise, Micron, and Palantir blew away analysts' expectations last quarter.
The AI boom has created a market where good results are no longer good enough. Investors have rewarded companies tied to artificial intelligence with premium valuations, but they have also become far less forgiving. A strong quarter can still lead to a falling stock price if management fails to convince Wall Street that growth is ... Micron Must Do This on June 24, or Its Stock Could Crash