Micron Analyst Sees Stock Nearly Tripling to $3,000, Warns Short Sellers: 'You Have an Expiry'
D.A. Davidson’s Gil Luria sees Micron reaching $3,000 as buybacks and AI-driven memory demand threaten short sellers.
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SK Hynix sees stronger HBM demand from Nvidia, AMD, Meta and Microsoft. These ETFs offer investors different ways to play the AI memory boom.
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D.A. Davidson’s Gil Luria sees Micron reaching $3,000 as buybacks and AI-driven memory demand threaten short sellers.
Signs Of Market Character Shift Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The
Both AMD and Intel are capitalizing on the AI boom with strong financial results, but AMD appears to have more upside potential. AMD is growing faster, gaining market share in data centers, and trading at a more attractive valuation (39.5x forward earnings vs. Intel's 63.3x), while Intel continues to face manufacturing challenges despite recent improvements.
Applied Materials veteran Steve Williams says TSMC may still be underbuilding despite plans for up to $64 billion in capex.
Anthropic plans to spend over $518 billion on cloud and computing infrastructure over the next decade as it prepares for an IPO with a $2 trillion valuation target. While the company's revenue grew 12-fold to $4.6 billion in 2025 with an annualized run rate of $65 billion by July 2026, about 80% of the spending is non-cancellable and the company faces significant customer concentration risk, with nearly a quarter of revenue from just two customers and limited long-term contracts.
Broadcom announced its latest AI networking innovations at the 2026 OCP Global Summit, featuring Tomahawk 6, Tomahawk Ultra, and Jericho 4 Ethernet switches, along with Thor Ultra 800G and Thor 2 400G AI Ethernet NICs and third-generation TH6-Davisson Co-Packaged Optics. The company will showcase solutions for scaling AI infrastructure across 15+ partner demonstrations, addressing exponential bandwidth demands of frontier AI models.