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Michael Burry sends strong warning on AI development path
TheStreet31d agoneutral
Michael Burry sends strong warning on AI development path

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 ...

Goldman Sachs sets jaw-dropping SanDisk stock price target for 2026
TheStreet31d agobearish
Goldman Sachs sets jaw-dropping SanDisk stock price target for 2026

I have been tracking SanDisk's numbers. It’s one of my favourites. Why? Its performance, and the reason behind the big numbers. And the numbers keep doing something unusual for sure. They keep getting bigger than the already-big numbers that preceded them. If you didn’t know, SanDisk (SNDK) is the ...

South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks
The Wall Street Journal33d agoneutral
South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks

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.

A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?
24/7 Wall St.33d agoneutral
A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

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 now targets 40% of its DRAM output from U.S. soil
TheStreet33d agoneutral
Micron now targets 40% of its DRAM output from U.S. soil

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 ...

SK Hynix Debut Tests Memory-Chip Stock Demand
Investor's Business Daily33d agobullish
SK Hynix Debut Tests Memory-Chip Stock Demand

South Korean memory-chip maker SK Hynix is poised to make its U.S. trading debut on Friday. The company will trade through American depositary receipts under the Nasdaq ticker SKHY. Late Thursday, SK Hynix sold 177.

SK Hynix is the talk of the town. Is IPO day the right time to buy?
Yahoo Finance Video34d agobullishVIDEO
SK Hynix is the talk of the town. Is IPO day the right time to buy?

SK Hynix (000660.KS) is set to go public in the US on Friday. Hennion & Walsh chief investment officer Kevin Mahn, Yahoo Finance Senior Business Reporter Ines Ferré, and Yahoo Finance Markets and Data Editor Jared Blikre take a closer look at the company, the memory trade, and more.

Fundstrat’s Tom Lee: AI Is a Once in a Lifetime Story – Why Easing Inflation in H2 2026 Could Fuel the Next Rally
24/7 Wall St.34d agobullish
Fundstrat’s Tom Lee: AI Is a Once in a Lifetime Story – Why Easing Inflation in H2 2026 Could Fuel the Next Rally

Fundstrat’s Tom Lee returned to CNBC’s Morning Call Sheet on Thursday, July 9, alongside JonesTrading’s Mike O’Rourke and Vital Knowledge’s Adam Crisafulli, to discuss a market that is simultaneously celebrating the AI build-out while rotating into value and defensive names. Lee argued: “AI is probably one of the most important structural stories in our lifetime.” ... Fundstrat’s Tom Lee: AI Is a Once in a Lifetime Story – Why Easing Inflation in H2 2026 Could Fuel the Next Rally

Bloomberg34d agoneutral
SK Hynix Said to Guide US Offering Price 3.1% Above Korea Close

(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 boosts U.S. investment plan again, commits $250 billion through 2035
Reuters34d agoneutral
Micron boosts U.S. investment plan again, commits $250 billion through 2035

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.

This Earnings Season Is the Stock Market’s Biggest Test
Barrons.com34d agoneutral
This Earnings Season Is the Stock Market’s Biggest Test

Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.