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Finance
S&P 500 hits record intraday high; Nasdaq also tops as memory chip shares surge
The S&P 500 rose as high as 7,539.8 in intraday trade, setting another record, with strength led by technology shares. The Nasdaq also hit a new intraday high, while the Dow fell 216 points. Chip stocks, especially memory-related names, surged, led by Micron. Nvidia also supported gains after a price-target increase. Middle East developments, oil prices and rate expectations remained key intraday variables.
Industry
Memory shortage shadow looms over Computex 2026 as HBM4 supply race intensifies
Computex 2026, to be held in Taipei on June 2 to 5, carries the theme \"AI Together\" and will feature 1,500 companies across 6,000 booths. The article says a key focus is the fight to secure supplies of high-bandwidth memory HBM4 for next-generation AI accelerators, alongside sensitivity to DRAM and NAND price volatility. Keynotes from Nvidia, Qualcomm, Marvell and Intel are seen as signaling demand and supply conditions.
AI & Enterprise
Mythos emerges as AI-driven mobile app attacks surge
Security firms are publishing early experiences of Anthropic’s AI model Mythos, which was first shared on a limited basis with some companies, with Cloudflare standing out. Cloudflare said Mythos is a tool on a different level from earlier general-purpose frontier models, citing attack-chain building and proof generation. Separately, Anthropic is allowing Mythos users to share cyber threat information with other companies exposed to similar vulnerabilities.
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Industry
Seagate CEO remarks on factory expansion time hit U.S. memory chip stocks
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AI & Enterprise
Warning flags raised over SpaceX IPO as potential turning point for U.S. stock rally
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AI & Enterprise
AI beneficiaries are shifting in global stock markets
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AI & Enterprise
SanDisk, Western Digital quarterly results beat expectations as AI, cloud storage demand surges
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AI & Enterprise
SanDisk shares soar 976% in five months, emerging as AI beneficiary
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Industry
Low-cost 1TB SSD era ends; three models to buy before prices surge