Micron Financial News

Subscribe to enjoy similar stories.The surging shares of US chipmakers such as Intel and Micron point to a deeper shift in artificial intelligence (AI). First, the narrative is moving from a speculative buzz around AI models to hard spending on the infrastructure that powers them. Second, big money is flowing into computing power and memory, the choke points of the AI economy.

Subscribe to enjoy similar stories.Investing in artificial intelligence involves a strong belief that it’s different this time, and memory-chip makers are a particularly extreme example.Micron Technology recorded its biggest-ever loss just three years ago, and is now forecast to become the sixth-most profitable U.S. stock. It will make just under $100 billion over the next 12 months, more than Meta or Berkshire Hathaway.

Subscribe to enjoy similar stories.The likes of Intel and Micron Technology have powered the market higher in recent weeks but escalating geopolitical worries could scuttle the chip-stocks rally.In a research note published on Monday, Gavekal Research CEO Louis-Vincent Gave named the looming summit between U.S. President Donald Trump and China’s premier Xi Jinping as one reason for investors to feel cautious about the semiconductor sector.The two leaders are set to meet in China on Thursday and Friday, Beijing confirmed.Trump needs to replenish the U.S.

Subscribe to enjoy similar stories.It says something about the memory business when skyrocketing profits can actually be a cause for worry.Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk, as well as hard-drive makers Seagate and Western Digital, have all produced annual operating losses at least once in just the last three years.

Subscribe to enjoy similar stories.Memory prices have been going “parabolic,” a big investment bank wrote this past week. I gripped my TI-84 graphing calculator in outrage. My email inbox has turned into a parabo-looza, with misuse of that term up sixfold from last year.

Subscribe to enjoy similar stories. BOISE, Idaho—Each afternoon at around 4:30, the earth here shakes from a series of controlled explosions, as engineers blast through basalt bedrock to flatten out the ground underneath a gigantic new semiconductor factory. Micron Technology is the largest American maker of memory chips—the tiny slices of silicon that store and transfer data and help power everything from smartphones and car computers to laptops and data centers.

Subscribe to enjoy similar stories. If you had put all your savings into a few pallets of computer memory chips a year ago, you’d have at least doubled your money by now. And prices are projected to continue their meteoric rise.

Subscribe to enjoy similar stories. A lot of stocks have gone almost straight up. The reason is simple: the world is changing fast.

Subscribe to enjoy similar stories. If you had put all your savings into a few pallets of computer memory chips a year ago, you’d have at least doubled your money by now. And prices are projected to continue their meteoric rise.

Ashapura Minechem Ltd.(up 3.30%), Gujarat Mineral Development Corporation Ltd.(up 3.26%), Aro Granite Industries Ltd.(up 1.99%), The Orissa Minerals Development Company Ltd.(up 0.87%), MOIL Ltd.(up 0.55%), KIOCL Ltd.(up 0.48%), NMDC Ltd.(up 0.32%) and 20 Microns Ltd.(up 0.02%) stood among the top gainers.

Lexus Granito(India)Ltd.(up 2.35%), Sandur Manganese & Iron Ores Ltd.(up 2.19%), Pokarna Ltd.(up 1.55%), The Orissa Minerals Development Company Ltd.(up 1.14%), 20 Microns Ltd.(up 0.94%) and Ashapura Minechem Ltd.(up 0.06%) were among the top gainers.

SK Hynix, the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs on semiconductors. Speaking at the company's annual shareholder meeting, SK Hynix's Head of Global Sales and Marketing, Lee Sang-rak, said the «pull-in» effects, along with the reduction in customers' inventory, led to favourable market conditions recently. But he added it remains to be seen whether the trend will continue.

Oriental Trimex Ltd.(up 5.02%), Gujarat Mineral Development Corporation Ltd.(up 1.44%), Ashapura Minechem Ltd.(up 1.25%), The Orissa Minerals Development Company Ltd.(up 0.24%), Coal India Ltd.(up 0.14%), Madhav Marbles & Granites Ltd.(up 0.05%) and NMDC Ltd.(up 0.02%) stood among the top gainers.

KIOCL Ltd.(up 5.42%), Ashapura Minechem Ltd.(up 4.99%), Gujarat Mineral Development Corporation Ltd.(up 4.63%), MOIL Ltd.(up 3.50%), NMDC Ltd.(up 3.02%), Pokarna Ltd.(up 2.67%), Madhav Marbles & Granites Ltd.(up 2.62%), Coal India Ltd.(up 1.69%), 20 Microns Ltd.(up 1.09%) and Lexus Granito(India)Ltd.(up 0.57%) stood among the top gainers.

Subscribe to enjoy similar stories. Nvidia is fighting to hang onto its command of artificial intelligence, as the technology evolves to chips outside of the data center. Major tech companies have been racing to build data centers, the facilities where AI models are trained and run globally—and where Nvidia’s AI chips dominate.

anti-dumping duty from $619 to $873 per metric tonne (MT) on aluminium foil imports from China. A gazette notification dated March 17 said the duty will be applicable on aluminium foil up to 80 micron, excluding aluminium foil below 5.5 micron for non-capacitor application. These developments come in the backdrop of United States (US) levying reciprocal tariffs. In addition to these, the US implemented a 25% tariff on all steel and aluminium imports last week. Domestic steel and aluminium producers fear that more Chinese products will make their way to India, putting pressure on margins. India’s provisional anti-dumping duty imposed under this notification shall be effective for six months and shall be payable in Indian currency, the notification said. This duty follows preliminary findings of Directorate General of Trade Remedies (DGTR) which concluded that the domestic industry has suffered material injury on account of the goods being exported to India from China. The order lists multiple China headquartered companies that were exporting to India at a price below the normal value, resulting in dumping. Those mentioned include Henan Mingtai technology development Co. Ltd., Henan Mingsheng New Material Technology Co. Ltd., Sunho New Materials Technology Co. Ltd., Shanghai Sunho Aluminium Foil Co. Ltd., Jiangsu Dingsheng New Materials Joint-Stock Co. Ltd., Inner Mongolia Lian Shen New Energy Co. Ltd., and Hangzhou Five Star Aluminium Co. Ltd.

The Orissa Minerals Development Company Ltd.(up 7.25%), 20 Microns Ltd.(up 6.31%), Ashapura Minechem Ltd.(up 5.00%), Pokarna Ltd.(up 3.06%), NMDC Ltd.(up 2.87%), Sandur Manganese & Iron Ores Ltd.(up 2.74%), KIOCL Ltd.(up 2.26%), Aro Granite Industries Ltd.(up 2.15%), Gujarat Mineral Development Corporation Ltd.(up 2.15%) and Madhav Marbles & Granites Ltd.(up 1.86%) stood among the top gainers.

Oriental Trimex Ltd.(up 3.06%), Aro Granite Industries Ltd.(up 1.02%) and Ashapura Minechem Ltd.(up 0.46%) stood among the top gainers.

trade policies, analysts have pinpointed top S&P 500 stocks that are likely to see huge growth in the next 12 months. Technology and energy shares lead the pack. As per S&P Global Market Intelligence data, Micron Technology (MU), Super Micro Computer (SMCI) and Devon Energy (DVN) are some of the firms whose shares are likely to rise more than 30 percent.

Gujarat Mineral Development Corporation Ltd.(up 4.73%), Sandur Manganese & Iron Ores Ltd.(up 4.09%), Pokarna Ltd.(up 4.06%), The Orissa Minerals Development Company Ltd.(up 3.05%), KIOCL Ltd.(up 2.87%), MOIL Ltd.(up 2.73%), 20 Microns Ltd.(up 2.44%), Coal India Ltd.(up 2.10%), Aro Granite Industries Ltd.(up 1.83%) and NMDC Ltd.(up 1.41%) were among the top gainers.

KIOCL Ltd.(up 3.93%), Pokarna Ltd.(up 3.27%), Gujarat Mineral Development Corporation Ltd.(up 3.11%), 20 Microns Ltd.(up 3.08%), Madhav Marbles & Granites Ltd.(up 2.24%), The Orissa Minerals Development Company Ltd.(up 1.86%), Sandur Manganese & Iron Ores Ltd.(up 1.81%), Aro Granite Industries Ltd.(up 1.58%), MOIL Ltd.(up 1.57%) and Ashapura Minechem Ltd.(up 0.93%) were among the top gainers.