Memory giants Sandisk, Micron, Seagate and Western Digital plunged after Google Research unveiled TurboQuant — an AI algorithm that slashes memory needs by 6x with zero accuracy loss.
Elon Musk announces Terafab, a $20-25B Tesla-SpaceX-xAI joint venture to build the world's largest chip fab in Austin, targeting 1 terawatt of AI compute yearly for robots, cars, and space.
Micron posted blockbuster Q2 2026 results with $23.86B revenue and $12.20 EPS. The company guided Q3 revenue at $33.5B amid explosive AI memory demand, with 81% gross margin outlook and 30% dividend increase.
Micron just completed a huge Taiwan factory buy and announced a second site by late 2026. Shares soared, lifting other memory stocks too.
Micron shares jump over 6% as CFO announces ahead-of-schedule HBM4 production and shipments, easing competition worries amid booming AI memory demand. Analysts boost targets on tight supply outlook.
Intel and SoftBank's Saimemory partner on next-generation memory tech for AI computing. ZAM program targets 2029 commercialization with improved performance and efficiency.
