News

NVIDIA’s (NASDAQ:NVDA) setup heading into the back half of 2026 mirrors what drove the stock higher in 2025: revenue accelerating, margins holding, and hyperscaler demand outrunning supply. The pullback has reset expectations, and our model suggests the market is underpricing the next 12 months. Our 24/7 Wall St. price target for Nvidia is $251.55, implying ... Nvidia Price Prediction: The Forecast Climbs Again. Here’s Where the AI Leader Heads Next

Investor Day Points To Bigger Non Handset Revenue

Nvidia was falling early Thursday after rising throughout premarket trading as initial semiconductor cheer from Micron earnings quickly reversed. Nvidia shares were down 2% at $2194.98 in early trading after Micron Technology blowout earnings. As Barron’s has written, Nvidia looked to be establishing a trading range with a floor of roughly $200, after breaking through that level in April.

AI chip rally powers gains as inflation data looms.

Qualcomm (QCOM) has shifted the narrative with its $5 billion guidance for AI data center business i

Morgan Stanley upgraded Qualcomm to ‘Equal Weight’ from ‘Underweight’, while hiking the price target by 58% to $231 from $146.

The chipmaker unveiled its Dragonfly portfolio at an investor day, targeting more than $15 billion in data center revenue by fiscal 2029

Shares of Qualcomm (NASDAQ:QCOM) surged as much as 11% to $219 in early Thursday trading before retreating to $207, up 5% on the session. This volatile price action occurred after the chipmaker landed a marquee data center customer and watched price targets ratchet higher across the Street. The apparently fragile QCOM stock rally comes as ... Qualcomm Jumps 11%, Then Pulls Back Amid Meta Platforms Data Center Deal and Wave of Analyst Target Hikes

Micron's blowout earnings lifted the entire semiconductor complex on Thursday.

Micron's stronger forecast and Qualcomm's AI data-center outlook pushed semiconductor stocks higher in early trading.

Qualcomm forecasts more than $15 billion in annual AI data center sales by fiscal 2029.

A multi-generation Dragonfly C1000 CPU agreement will power Meta's next-generation server fleet

Memory-chip maker Micron underlines its status as a market bellwether as stellar earnings revive the stuttering AI trade.

Investing.com -- Morgan Stanley upgraded Qualcomm to Equal-weight from Underweight and increased its price target to $231 from $146 in a note to clients on Thursday after the chipmaker's investor day revealed a $5 billion data center revenue forecast for fiscal 2027 that the bank said "clearly pushes them into the AI beneficiaries category."

The chipmaker's fiscal third-quarter results topped expectations across the board, lifting chip stocks worldwide

The company almost doubles its non-handset sales target, helping to revive faith in the stumbling AI trade.

Qualcomm hikes sales target, big bank stress test results are out, Trump cancels housing bill signing, and more news to start your day.

Pre-Market Stock Futures: Futures are trading higher this morning, after all the big funds and portfolio managers may have shown their hands on Wednesday, as the tech and chip stocks sell-off resumed after stocks started higher in the morning but faded in the afternoon. The tech sell-off came before Micron Technology (NASDAQ: MU) posted huge ... Here Are Thursday’s Best Wall Street Analyst Research Calls: Brown-Forman, CoreWeave, Intel, JFrog, Keurig Dr. Pepper, Klarna Group, Qualcomm, Shift 4 P

News of the day for June 25, 2026

US equity markets were pointing higher before the opening bell Thursday as traders parse Micron Tech

June 25 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Micron Technology's impressive earnings update and demand forecasts on Wednesday have reheated the shaky chip sector, lifting the trillion-dollar memory chip maker's stock about ‌14% overnight and igniting a tech rally around the world on Thursday.

Qualcomm hikes sales target, big bank stress test results are out, Trump cancels housing bill signing, and more news to start your day.

<body><p>STORY: From chip stocks getting a fresh boost... to where chip workers have become among the most desirable partners.. This is AI Weekly.</p><p>:: AI Weekly</p><p>Chip stocks rebounded after bullish outlooks from U.S. firms Micron Technology and Qualcomm.</p><p>Micron said customers had committed to spend $22 billion on its chips.</p><p>It also forecast quarterly profit and revenue well above expectations, sending its shares 12% higher in after-hours trading.</p><p>Landsberg Bennett Chief Investment Officer Michael Landsberg says the AI boom has been transformational for memory chip makers like Micron:</p><p>“What’s happened in this space has been, typically this used to be more of a commodity, and so what’s happened now with AI, a lot of these chips are needed to make AI work faster and better so the demand has really been strong across the entire sector.”</p><p>Donald Trump has said Apple has agreed to work with Intel to design and manufacture its chips in the U.S.</p><p>The move would be a major boost for the American chipmaker's efforts to turn around its business.</p><p>A contract with Apple would lock in steady demand from the iPhone maker.</p><p>That would boost Intel's reputation and sales as it looks to close the gap with rival TSMC.</p><p>Oracle's total workforce declined 13%, or about 21,000 employees, in its fiscal 2026.</p><p>It's as the cloud computing giant continued restructuring its business... partly driven by the adoption of AI across its operations.</p><p>Up to 3,000 Santander employees in Spain could also be offered early retirement.</p><p>That's as the bank braces for impacts brought on by AI, Spanish newspaper Expansion reported on Wednesday.</p><p>SK Hynix overtook Samsung Electronics to become South Korea's most valuable listed company.</p><p>Shares in what is now the world's most valuable memory chipmaker rose to bring the company's market capitalization to $1.35 trillion. &nbsp;</p><p>Employees at chip factories are also now part of South Korea’s A-list.&nbsp;</p><p>Some workers at Samsung’s chip division are set for bonuses of about $416,000.</p><p>Around 14 times South Korea’s average annual salary.</p><p>Chip workers now rival doctors and lawyers as the nation’s most desirable partners.</p><p>Lee Sung-mi from matchmaking agency Sunoo says tech staffers now rate very highly:</p><p>"Scores for Samsung Electronics employees have recently risen from 83 to 87. As for clients who work at SK Hynix, their scores are expected to climb from around 80 to 83—showing just how highly favored the company has become."</p></body>

Nvidia was rising early Thursday. The chip maker was benefiting from widespread semiconductor cheer, even as more options came onto the artificial-intelligence processor market. Nvidia shares were up 1.5% at $201.94 in premarket trading with chip stocks generally gaining after Micron Technology blowout earnings.

Investing.com - U.S. stock index futures rose sharply on Thursday, with technology and semiconductor stocks leading gains after upbeat updates from two major players in the artificial intelligence ecosystem.

The company almost doubles its non-handset sales target, helping to revive faith in the stumbling AI trade.

↗️ Micron Technology (MU): The memory-chip maker said revenue quadrupled in the second quarter and that it expects the chip shortage to extend beyond 2027. Shares surged 17% premarket. ↗️ Sandisk (SNDK), Western Digital (WDC), Qualcomm (QCOM): Memory makers and other stocks tied to the AI buildout also rallied ahead of the bell.

Investing.com - U.S. stock futures point higher on Thursday, with technology shares leading gains after strong results from Micron and upbeat forecasts from Qualcomm reignited optimism around the artificial intelligence trade.

Modular offers an open, AI-centric software stack designed to support AI workloads across CPUs, NPUs, GPUs and custom ASIC platforms.

Retail sentiment remained split, with Stocktwits data showing SPY sentiment stuck in bearish territory while QQQ sentiment at bullish.