Neutral
Last updated: 2026-06-24 18:39:01 ET
Pulse AI Brief
Updated Jun 24, 2026 5:17 PM ET
Micron Technology surged 16% after reporting quarterly earnings driven by soaring DRAM and NAND prices amid a persistent memory chip shortage. The memory maker's revenue quadrupled, capping a 700% stock surge over the past year as AI infrastructure demand continues to strain supply.
The rally underscores the structural tailwind in semiconductor memory as hyperscalers race to build AI capacity. Micron's pricing power signals sustained margin expansion for the memory sector, likely to benefit SK Hynix and Samsung as well. This contradicts near-term bearish sentiment in chip stocks overall.
Memory shortages are becoming a critical bottleneck in the AI buildout, not just compute. Sustained pricing power in DRAM and NAND could persist through 2025 if supply fails to catch up with hyperscaler capex cycles.
SK Hynix, one of the three major memory-chip makers that has surged in value due to huge demand for artificial-intelligence applications, said on Wedn...
In what is considered one of the most talented classes in recent memory, the Washington Wizards selected BYU small forward AJ Dybantsa with the No. 1 ...
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
Analysts are watching to see the impact of a new memory-saving technology, as well as the timeline for additional manufacturing capacity.
The companies announced a supply agreement for memory and storage.
The Windrush Prize will award £10,000 to the writer of the winning play, which will receive a run at the Arcola theatre next yearThe first prize dedi...
Presented by SolidigmAs inference workloads evolve from discrete question-and-answer exchanges into persistent, multi-step agentic systems, GPU availa...
This impending spending will benefit many companies, but there's a good way to invest in each of the AI industry's next biggest needs.
In today’s newsletter: Our senior political correspondent talks about how the coming days and weeks may unfold for the Labour government, and how Ke...
In his Sunday column for Investing Club subscribers, Jim Cramer examines the market's love affair with memory and semi-cap equipment stocks.
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE