engages in research, develops, manufactures, distributes, and sells semiconductor devices in Korea, China, rest of Asia, the United States, Europe, and internationally. The company is headquartered in Icheon-si, South Korea.
Memory is where the crowd is parked today: Micron drew 417 comments, with Sandisk and SK Hynix riding the same AI storage trade. Nvidia and Amazon are drawing arguments on both sides, Uber chatter is heating up, and Microsoft is souring fast.
Source: RedditFour names hit fresh 52-week highs this week, and Dell Technologies cleared its prior peak by 9.86%. Hewlett Packard Enterprise, SK hynix and Chevron rounded out the list, the last of those edging past its old high by just 1.08%.
SK hynix closed at $198.63, a fresh 52-week high that tops its July 14 peak by 2.43%. The $1.4 trillion memory maker is now roughly 57% above its late-April low near $126.79.
Cloudflare closed up 10.57% at $314.35, the biggest gain across 111 priority names. Cipher Mining shed 8.56% and Lyft 7.91% at the other extreme.
Thursday's close split hard along hardware versus software: GoPro added 24.1% and SanDisk, Astera Labs and SK hynix all posted double-digit or near double-digit gains, while Asana, Workday and Snowflake each shed more than 5%. Tesla and Netflix fell with them.
One capacity announcement from Toshiba is splitting the storage trade in two, hitting the hard disk drive (HDD) makers heavily while the broader memory group barely moves. Seagate Technology Holdings (NASDAQ:STX |…
A record quarter and an upbeat outlook are drawing sellers into Micron Technology (NASDAQ:MU | MU Price Prediction) stock, and the pullback carries the familiar shape of profit taking after a powerful…
Memory stocks have a clear leader in SK Hynix (NASDAQ:SKHY), and the fund built around that corner of the chip market is moving right along with it. SK Hynix stock is up…
Memory stocks are sliding after a report that SK Hynix (NASDAQ:SKHY) could take its U.S. storage unit public as a separate company. SK Hynix stock is at $180.31, down 6% in early…
SK Hynix (NASDAQ:SKHY) stock is falling 3% today to $189.79 despite Wolfe Research raising its price target on the memory-chip maker to $250 from $200. SanDisk (NASDAQ:SNDK | SNDK Price Prediction) stock…
Intel CEO Lip-Bu Tan set off a fresh scramble in chip stocks this week, warning that memory prices have jumped 5x to 7x and that memory now accounts for roughly 75% of…
SK Hynix is reportedly in talks to build memory chips inside Intel's Ohio complex, and the market loved it. But the plant has no timeline, no signed deal, and a product restriction…
SK Hynix just posted one of the most explosive quarters in memory chip history, which makes the inverse ETF designed to profit from its collapse either the smartest hedge on the shelf…
Memory chip stocks are rallying Thursday morning after reports that Intel and SK Hynix are in early discussions about producing memory chips together on U.S. soil for the first time. The Roundhill…
Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are trading higher early Wednesday after Reuters reported the chipmaker is in talks with a Korean memory partner about producing memory chips at Intel’s…
Western Digital (NASDAQ:WDC | WDC Price Prediction) stock is sliding in Tuesday afternoon trading, even as the company leans harder into its AI storage pitch. Western Digital shares are down 4% to…
Number That Reframes the Vera Rubin Trade Inside an NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) VR200 NVL72 rack-scale AI supercomputer, 70% of the roughly $4 million bill of materials goes to one…
South Korea's grid cannot keep up with the AI memory factories SK Hynix is racing to build, and the question of who pays to fix that is now holding up one of…
Memory stocks are leading an AI-infrastructure selloff early Monday. Micron Technology (NASDAQ:MU | MU Price Prediction) stock is down 6% to $916.03, SanDisk (NASDAQ:SNDK) stock is falling 6% to $1,531, and SK…
Micron just posted the highest revenue guidance in its history while the shortage fueling its growth gets worse, yet Wall Street wiped out tens of billions in market cap anyway. The signal…
