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2026-06-25
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2026-06-25
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2026-06-25
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Micron
’s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand tied to the artificial intelligence boom. The stock rose over 16% at one point in extended trading.
Here’s how the memory maker did versus LSEG consensus estimates:
Revenue increased from $9.3 billion a year earlier, Micron said in a stat
2026-06-25
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2026-06-25
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Micron
’s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand tied to the artificial intelligence boom. The stock rose 15% in extended trading.
Revenue increased from $9.3 billion a year earlier, Micron said in a statement. For the current quarter, the company said it expects revenue of about $50 bil
2026-06-25
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2026-06-25
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2026-06-25
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2026-06-25
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Qualcomm
on Wednesday revealed a central processing unit for data centers called Dragonfly C1000, and said that Meta
would use it when it starts production in 2028.
The chipmaker said that the new data center CPU was built for agentic AI and focuses on offering computing performance without using too much power.
The announcement, made at a Qualcomm presentation to investors, is another sign th
2026-06-25
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2026-06-25
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2026-06-25
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2026-06-25
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Nvidia
CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with U.S. national security, the company would prioritize American interests.
″National security comes first,” Huang said in a session shortly after the company’s annual stockholder meeting concluded.
He added that if a company wanted to smuggle Nvidia’s chips or systems into countries with export
2026-06-25
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2026-06-25
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2026-06-25
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A new ETF seeking to leverage Micron’s volatility has emerged – right in the nick of time
After the massive success of the Roundhill Memory ETF (DRAM)
– a fund that’s gathered more than $22 billion in less than three months and has more than doubled in value since its April debut – asset manager Roundhill Investments, alongside REX Shares and Tuttle Capital Management, launched a new offering on
2026-06-24
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2026-06-24
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2026-06-24
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2026-06-24
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2026-06-24
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2026-06-24
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Qualcomm
on Wednesday said it’s buying infrastructure startup Modular to boost its artificial intelligence software capabilities amid the data center build-out.
The deal will better position Qualcomm in the inference market and help companies run AI more efficiently.
“We believe the future belongs to developer-friendly, horizontal platforms that can run across diverse compute environments and g
2026-06-24
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2026-06-24
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2026-06-24
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SK Hynix, South Korea’s most valuable company, plans to raise around $29 billion on the Nasdaq by issuing American depositary receipts (ADRs), according to the firm’s regulatory filing.
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
SK Hynix said it expects to start trading on July 10, but added that the dates were tentative and subject to
2026-06-24
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