Search results for Micron Technology
Industry
China\'s CXMT surges 470 percent in Shanghai debut, valued at 715 trillion won
Chinese memory chipmaker ChangXin Technology Group (CXMT) surged about 470 percent on its first day of trading on Shanghai\'s STAR Market, becoming China\'s most valuable listed company. The Hefei-based firm priced its IPO at 8.66 yuan per share and raised 57.92 billion yuan, described as Asia\'s largest IPO this year. Its market value rose to about 3.3 trillion yuan. CXMT plans to invest proceeds in memory wafer production and R&D.
AI & Enterprise
U.S. chip stock selloff spreads to Asia, SoftBank slides 8 percent
Japanese technology shares fell sharply as a selloff in U.S. semiconductor stocks spread across Asia, CNBC reported on Thursday. SoftBank dropped 8.8 percent, while Tokyo Electron fell 9 percent and Advantest slid 9.4 percent. Kioxia sank more than 14 percent after a Texas federal jury found infringement of Viasat memory technology patents and ordered $229 million in damages. South Korean markets were shut for a holiday.
Crypto
Bitcoin holds around $63,000 despite U.S. chip stock selloff
Bitcoin is holding around $63,000 despite a stock selloff led by U.S. semiconductor shares. It traded near that level after Wall Street opened and earlier rose to $64,660, its highest since June 22. The S&P 500 fell 0.6 percent and the Nasdaq 100 dropped 2.1 percent, with Micron Technology down more than 9 percent. Spot bitcoin ETFs posted net inflows for a second straight day, helping bitcoin avoid a sharp decline.
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Crypto
Tokenised stock monthly trading volume tops $34 billion
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Crypto
Ondo Finance adds shareholder voting rights to tokenised stocks and ETFs
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Crypto
Bitcoin hits 2026 low then rebounds; will weak U.S. stocks trigger further declines?
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AI & Enterprise
Micron backs Anthropic with partnership and strategic investment
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Crypto
Bitcoin swings on weak Asian stocks, loses direction near $62,500
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Finance
Mirae Asset Securities high net worth clients triple in one year
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Finance
S&P 500 hits record intraday high; Nasdaq also tops as memory chip shares surge
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Industry
Memory chip \'big 3\' net profits surge, set to overtake global big tech
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Industry
RAM price drop signals do not mean it is time to buy; DDR4, DDR5 normalisation still away
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AI & Enterprise
PC and smartphone prices rise as AI data centers tighten memory chip supply
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Industry
AI chips to account for a third of semiconductor market, Nvidia dominates
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Finance
Wall Street ends mixed; Alphabet nears $4 trillion market cap
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Industry
Memory chip inventories hit bottom as supply shortages deepen