Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
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Federal Circuit Upholds Cancellation of Five Netlist Memory Patents in Micron Fight
Five Netlist DIMM and memory-chip patents were canceled as obvious. The ’339 ruling is precedential; a damages appeal remains.
BofA Keeps Micron as Top Memory Pick as SanDisk Signals Structural AI-Driven Growth
BofA reaffirms Micron as its top memory pick, citing SanDisk’s outlook as proof AI is making demand more durable. Sees $200–$250 EPS by 2030.
Micron Shares Drop as China’s CXMT Plans Second Beijing Chip Plant
China’s CXMT is considering a new memory-chip factory in Beijing using IPO funds, putting pressure on Micron and SK Hynix as it aims to double production capacity.
SK Hynix Miss Triggers $2 Trillion Sell-Off in South Korea Stocks
Leveraged selling and SK Hynix’s earnings miss wiped $2 trillion from South Korean stocks in two days of record market declines.
SK Hynix Makes Historic $26.5 Billion Nasdaq Debut, Largest Foreign U.S. Listing Ever
Oversubscribed 7x amid surging AI demand for HBM chips.