The world’s top memory chip makers made plenty of headlines this week, capped by Micron delivering one of the strongest earnings reports of this artificial intelligence cycle. Micron posted revenue and earnings miles ahead of already high expectations, and guidance pointing to roughly 80% gross margins next quarter. And yet the stock sank. The market…
The war in the Middle East could pose a threat to the semiconductor industry and other sectors dependent on a resource produced in the Gulf — helium. Helium is a little-known but key input in many industries, most notably technology. In semiconductor manufacturing, its cooling properties are used to transfer heat. Helium is also indispensable…
Sopa Images | Lightrocket | Getty Images Blockbuster earnings were not enough to prevent a sharp drop in Micron Technology shares in premarket trading. The chipmaker tripled revenue in the latest quarter as results sailed past analysts’ estimates, but shares look set to fall by around 5.3% at the open as of 07:02 a.m. E.T….
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron said revenue almost tripled in the latest quarter as results topped analysts’ estimates. The stock was mostly flat in extended trading. Here’s how the…
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Chinese artificial intelligence stocks surged Wednesday following upbeat comments from Nvidia CEO Jensen Huang on the promise of AI agents and OpenClaw. Huang on Tuesday said that OpenClaw was “definitely the…
Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific markets jumped on Tuesday as investors monitor the latest developments in the Iran war, with U.S. President Donald Trump looking to delay his meeting with Chinese President Xi Jinping by “a month or so” due to the Middle East conflict. Trump was expected to travel to…
Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,”…
At Nvidia’s annual developer conference on Monday, CEO Jensen Huang took the stage to a packed house and said he expects purchase orders between Blackwell and Vera Rubin to reach $1 trillion through 2027. Last year, the company had projections for a $500 billion revenue opportunity between the two chip technologies. Following Nvidia’s earnings report…
The Federal Reserve’s latest interest rate decision, a batch of economic data, and several notable earnings reports are all on the docket this week. However, the biggest event for Wall Street will arguably be out in California, as Nvidia holds its influential AI technology conference. Well, that is what we would usually say heading into…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500’s oversold bounce could not hold on Friday, and the early gains were erased. The reason was oil, which was lower for…
