Apple Hits $5 Trillion as AI Stocks Slide on Anthropic Slowdown and Inflation
Apple’s first close above $5 trillion came as AI stocks sold off on Anthropic’s weaker sequential growth and a hotter-than-expected CPI.
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Memory Chip Stocks Fall as China’s CXMT Claims Progress on Denser DRAM Design
Memory chip makers including Micron declined after CXMT reported progress on denser 4F² DRAM, targeting a server DDR5 RDIMM launch by end-2026.
Microsoft and Oracle fall after report puts OpenAI revenue $20bn below expectations
Microsoft and Oracle fell after an FT report said OpenAI’s annualised revenue is about $50bn, $20bn below earlier investor reports.
Micron’s Taiwan union votes to authorize strike over profit-sharing dispute
Micron’s Taoyuan union voted 99% to authorize a strike over profit-sharing. No date is set. Taiwan makes key DRAM and HBM chips.
Micron to Pay Netlist $600 Million to Settle AI Memory Patent Fight
After a $445 million verdict and an ITC case, Micron will pay Netlist $600 million for a five-year license to its AI memory patents.
Micron Beats Wall Street as AI Memory Demand Supercharges Record Results
Q4 revenue hit $54.23B, beating $51.07B estimates. Micron sees $61.5B next quarter as HBM orders exceed capacity and memory prices rise.