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Memory stocks plunged on Wednesday along with shares of other hardware providers for AI data centers.

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ASML, the world's biggest supplier ‌of equipment used ‌to manufacture computer chips, ​on Wednesday reported better-than-expected second-quarter revenue and profit, as demand from ‌makers of ⁠artificial intelligence chips offset uncertainty over ⁠sales to China. Revenue for the three months ​ended June ​30 ​was 9.33 ‌billion euros ($10.90 billion), compared with the 8.80 billion euros expected by analysts, according to LSEG ‌median estimates. Net income was ​2.92 ​billion euros, ‌compared with the 2.62 ​billion ​euros expected, according to LSEG data.

AI cloud computing company CoreWeave is exploring the use of financial derivatives as a potential hedge ‌against a future drop in memory and storage chip prices, according to ‌a person familiar with the matter. To lock in supply amid soaring demand, thanks to a surge in AI infrastructure construction, cloud operators including CoreWeave have signed long-term agreements with memory and storage makers such as Micron and SanDisk. But the arrangement cuts both ways: it protects chipmakers from a downturn, but leaves cloud ⁠companies like CoreWeave exposed if prices fall and they are stuck paying well above the going rate.

Micron Technology (MU) just took a financial stake in a wafer supplier that most investors have never heard of. On paper, it reads like a routine line item inside a much larger spending announcement. Wedbush Securities says it’s something else: an early signal that the AI memory boom is about to ...

ASML stock has surged this year and Wall Street thinks it could raise its sales guidance when it reports earnings Wednesday.

Chip stocks continued to whipsaw in volatile trading on Tuesday. But several semiconductor stocks were holding above a key support level.

FEATURE The artificial-intelligence trade appeared to be reignited Tuesday as investors digested a slew of bank earnings reports ahead of the consumer-price index inflation report for June. International Business Machines sank 23% after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets.

ASML, the biggest supplier of equipment used to manufacture AI chips, reports quarterly earnings on Wednesday looking to justify its chunky valuation and demonstrate how it will contend with U.S. moves to block ‌exports to China. Clouding the outlook, however, is a proposed U.S. law requiring U.S. allies to align with export controls to curb China's ability to make advanced chips, with ASML named in the legislation. The company has denied selling its most advanced EUV tools to China, which is forecast to account for up to 20% of ASML's sales this year through legal purchases of ‌less-advanced DUV tools to make chips for automotive, ⁠industrial and electronic products.

Walser Wealth Management Chief Investment Officer Rebecca Walser joins Market Domination Overtime to discuss what investors can expect from the upcoming earnings season.

The AI boom isn't just fueling the memory trade. The not-so-flashy analogy chip space is also seeing a boost.

The benchmark US equity measures were pointing lower before the opening bell Monday amid rising tens

SK Hynix stock lost its entire Nasdaq debut gain in Seoul; Wall Street braces for bank earnings and CPI data on Tuesday

Investing.com - U.S. stock futures were mixed on Monday as investors monitored a sharp selloff across the global memory-chip sector and assessed developments in the biotechnology space.

Michael Burry has been posting "The end is nigh" on his Substack. He quoted the Joker from Tim Burton's Batman: "Dancing with the devil in the pale moonlight." He called AI enthusiasm "mass addiction" and predicted it "may die a death by a thousand cuts." He shorted Micron at $1,051.87 on July 1 ...

Analysts expect Alphabet’s second-quarter capital expenditures to reach $44.9 billion, a 100% increase from the prior year period.

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.5 billion U.S. share sale, the largest by a foreign company in history. SK Hynix’s offering capped a volatile week for the market.

Here’s how memory-chip maker SK Hynix compares with peers after its first U.S. trading day. 2026 Debuts, day 1 performance Cerebras Systems: 68% Innio: 23% SpaceX: 19% Madison Air: 18% 🎯 SK Hynix: 13%.

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Micron Technology Inc. (MU) said it will raise its planned U.S. investment to more than $250 billion through 2035, according to a Seeking Alpha report on the company’s Thursday, July 9, announcement. That figure is $50 billion more than the roughly $200 billion the company committed to just over a ...

Jim Cramer just made his first bearish call in 25 years, and the trigger was not a market crash or a recession signal but a single bond deal that he says proves the AI spending machine is quietly running out of fuel.

SK hynix just pulled off a blockbuster Nasdaq debut, yet investors searching for the stock are coming up empty. The reason has nothing to do with the IPO falling apart.

Jim Cramer is calling on Wall Street analysts to act before Monday's open, and the pressure he is putting on the SK Hynix syndicate reveals exactly how fragile the biggest Nasdaq IPO in years could become at the starting gate.

Wall Street is tuning out wars and ignoring geopolitical headlines, and one chief investment strategist thinks he knows exactly why. The answer involves a spending figure that should stop any investor cold.

SK Hynix is bringing its ADR to the U.S. market with a reputation as the more explosive memory chip play, but whether its debut pricing leaves any room for gains is the question every investor needs to answer before the opening bell rings.

The Nasdaq-100 is holding up. Its old leaders are struggling.

Micron's growing list of long-term supply agreements could make its business more predictable and give investors an early read on future demand ahead of earnings.

(Bloomberg) -- SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Sec

Micron Technology said on Thursday it plans to invest ‌more than $250 billion in the ‌U.S. through 2035, driven by surging demand for ​memory chips in the AI era and President Donald Trump's push to bolster domestic chip production. The new investment plan ‌represents a jump ⁠from the $200 billion that Micron announced last June, which was ⁠already increased by $30 billion from its original spending plans. As part of the investment, ​Micron said ​it would ​spend $3 billion on strengthening ‌the U.S. semiconductor supply chain, of which $500 million will be used to fund advancements in GlobalWafers' 300-mm raw silicon wafer manufacturing facility in Sherman, Texas.