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Micron's Largest Production Base Faces Strike Threats as Bonus Falls 'Short of Expectations,' Workers Demand Bigger Cut of AI-Driven Profits: Report
Benzinga2d agobearish
Micron's Largest Production Base Faces Strike Threats as Bonus Falls 'Short of Expectations,' Workers Demand Bigger Cut of AI-Driven Profits: Report

Hundreds of Micron Technology Inc. (NASDAQ:MU) employees rallied in Taiwan on Thursday, threatening to strike after rejecting the company’s fiscal 2026 bonus offer, with workers reportedly saying the offer fell short of expectations. Workers Say the Offer Falls Short Last week, Micron offered total compensation equivalent to 35 to 68 months of pay for the year, with minimum cash compensation of NTD1.7 million ($53,485), but workers at a rally near the Taoyuan plant said it doesn’t reflect the co

What to Watch: KCHP
24/7 Wall St.2d agobearish
What to Watch: KCHP

Korea's newest chip ETF bets almost everything on two memory giants at the exact moment HBM pricing and AI capex commitments could swing either way, and the fund is young enough that most investors have no idea what they are actually buying.

Global Phone Shipments Drop, but Apple Positioned for Record iOS Market Share Gain
Benzinga19d agobearish
Global Phone Shipments Drop, but Apple Positioned for Record iOS Market Share Gain

Apple Inc. (NASDAQ:AAPL) remains in focus as its resilient U.S. smartphone position contrasts with growing pressure across the global handset market from rising memory costs. Apple shares edged lower in Monday premarket trading, slipping less than 0.5%. Nasdaq futures rose 0.02%, while S&P 500 futures fell 0.11%. Apple Holds US Smartphone Share Apple maintained its U.S. smartphone shipment share year over year in the second quarter of 2026, even as volumes eased following the iPhone 17e launch i

Oil falls as Trump pledges economic war on Iran
AFP27d agobearish
Oil falls as Trump pledges economic war on Iran

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.Vice President JD Vance admitted the plan was a "delicate dance" because Iran will "try to apply economic pressure to us".

South Korea plans chip windfall fund to back youth, AI investment
Reuters30d agobearish
South Korea plans chip windfall fund to back youth, AI investment

South Korea plans to create a new fund to channel tax windfalls from the country's semiconductor boom into supporting ‌younger generations and invest in future growth industries such as artificial ‌intelligence, the budget ministry said on Friday. The proposed "Future Response Fund" would finance programmes aimed at helping ​young people find jobs, buy homes and start families, while also supporting investments in AI, regional development and talent development, according to a ministry press release. The fund would be financed mainly by tax revenue exceeding a benchmark based on the average ‌growth in domestic tax ⁠receipts over the past decade.

Stocks waver, dollar drops as US Treasury moves to lower bond yields
AFP31d agobearish
Stocks waver, dollar drops as US Treasury moves to lower bond yields

Stock markets rose on Wednesday and the dollar fell sharply after the US Treasury signalled action to push down government bond yields, easing fears that higher borrowing costs would weigh on economic growth worldwide.But the US Treasury surprised markets Wednesday by saying it would increase "by at least double" its sovereign bond buybacks to push down 30-year yields that have soared in recent days.

Micron Stock Is Under Pressure but the Market Is Missing the Good News
Barrons.com31d agobearish
Micron Stock Is Under Pressure but the Market Is Missing the Good News

Micron Technology shares were failing to rebound early Wednesday after a sharp drop in the previous session. Micron shares were flat in premarket trading. In fact, the combined revenue of the top five publicly listed NAND flash-memory brands rose 77% in the second quarter from the previous quarter, to $68.87 billion, according to research firm Trendforce in data published Wednesday.

Shares fall in Asia, with Kospi down 5.2%, while oil prices jump
Associated Press32d agobearish
Shares fall in Asia, with Kospi down 5.2%, while oil prices jump

Shares slipped Wednesday in Asia after Wall Street pulled further from its all-time high as artificial-intelligence stocks resumed their decline. Samsung Electronics shed 6.9%, while memory chipmaker SK Hynix tumbled 7.9%. Apart from renewed jitters over criticism that AI-related stocks have shot too high, rising oil prices also were clouding market sentiment.