Why Is Micron Stock Falling on Thursday?
Micron Technology stock declined on Thursday amid profit-taking, Nvidia's margin disclosures, and potential U.S. chip tariffs.
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This week’s tech roundup covers AI infrastructure deals, chip industry changes, investor warnings and major semiconductor partnerships.
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Micron Technology stock declined on Thursday amid profit-taking, Nvidia's margin disclosures, and potential U.S. chip tariffs.
Read original at benzingaIf Nvidia were to reach that level from its current price of around $226, its market capitalization would climb to about $12.5 trillion.
Read original at benzingaNvidia AI buildout is expensive. Memory prices will drive gross margins to 71%–72% in Q4, the first major margin decline of the AI cycle.
Read original at benzingaMicron and SK Hynix shares jumped after NVIDIA earnings signaled surging demand and tight supply for AI-driven memory.
Read original at benzingaCathie Wood's Ark Invest added to positions in Broadcom, Cerebras Systems, and Cloudflare on Wednesday, taking advantage of market pullbacks. All three stocks have declined 14-53% from recent all-time highs but show strong revenue growth and business fundamentals, with Broadcom expected to report 85% revenue growth and Cerebras showing 74% growth despite customer concentration concerns.
Read original at the-motley-foolBroadcom (AVGO) stock rises nearly 2% premarket following strong NVIDIA earnings. Get technical analysis, target prices, and Q3 forecasts.
Read original at benzinga