Search results for Micron
Industry
Nvidia scandal: What are Alice Huang and MegaSpeed?
The fallout is growing after Nvidia CEO Jensen Huang acknowledged an affair. CNBC reported on Nov. 9 that Nvidia’s board has launched an independent probe into national security concerns raised in media reports. The New York Times reported U.S. intelligence agencies suspect MegaSpeed executive Alice Huang is a Chinese intelligence asset. MegaSpeed provides GPU computing resources via Southeast Asian data centres. Market reaction was swift, with Nvidia shares falling in U.S. premarket trade and in Frankfurt.
AI & Enterprise
OpenAI cuts new funding target to $20 billion amid AI bubble fears
OpenAI lowered its fundraising target in a new investment round to as much as $20 billion from as much as $30 billion. CNBC reported on Oct. 31 that the round has not closed, meaning the final amount could change. The Financial Times reported OpenAI cut the target by $10 billion and set a post-money valuation of $1.25 trillion. Some investors reduced allocations amid rising market concerns over big tech AI investment returns.
AI & Enterprise
Wall Street dumping tech stocks indiscriminately, selling even the wrong names
Jim Cramer said Wall Street is indiscriminately selling even competitive companies as weak results at some tech firms are treated as a signal for entire industries. He said recent tech pullbacks fail to reflect differences in business models and earnings. Cramer pointed to cybersecurity and enterprise software, where peers fell after Fortinet and ServiceNow disappointed. He also cited Alphabet’s results weighing on Microsoft and Samsung’s outlook pressuring Micron.
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Finance
Alphabet shock triggers KOSPI sell sidecar again after 11 sessions
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Industry
CXMT to begin HBM3E mass production despite low yields
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Industry
Micron drops next-generation 4F2 DRAM technology after 20 years of research
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Industry
FCC grants Intel exemption on foreign-made robots for U.S. chip plants
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AI & Enterprise
Jensen Huang says no memory glut in 2029, rebuts fears over memory stocks
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Games & Commerce
AI-driven memory shortage could spark PS6 price shock, with RAM and storage costs alone seen above $680
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Finance
Money flows into U.S. Treasuries on AI bubble fears
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AI & Enterprise
CoreWeave credit fears spread as 68 trillion won debt weighs on AI stocks
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Industry
Why Samsung and SK Hynix shares tumbled as China chase and oversupply fears grow
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Finance
AI infrastructure stocks stumble as Apple tops $5 trillion market value
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Industry
China\'s CXMT advances next-generation DRAM design, sending global memory stocks lower
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Industry
Semiconductor stocks slide but Jim Cramer says still in buy zone
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Finance
KOSPI falls below 6,000 in intraday trade for first time since July 31
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Crypto
Bybit expands U.S. stocks and ETF service using USDC
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Finance
KOSPI falls below 6,100 early as big chip stocks slide about 5 percent