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.
Read original at benzingaCrypto · News reference
Crypto traders bring the memecoin playbook to AI stocks as hedge funds profit from crowded leverage and rising retail speculation.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
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 benzingaSandisk and Kioxia plan to invest more than $31 billion in Japan through 2032, strengthening their partnership and flash memory capabilities.
Read original at benzingaSandisk Corporation (NASDAQ: SNDK) stock gains on Thursday as semiconductor memory makers move higher following Nvidia’s Q2 financial results.
Read original at benzinga