The Latest Breaking News from Micron

Memory chipmaker CXMT sees shares surge 466%, becomes one of China's most valuable listed companies right below Tencent

'It's hard to say the optimism is sustainable.'

PC Gamer · Jul 27

Explainer: Why investors are betting big on China’s chipmaker CXMT

China's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shanghai debut. The blockbuster listing, Asia's largest IPO this year, highlights strong investor confidence in China's semiconductor ambitions as Beijing pushes for greater technological self-reliance amid global chip competition.

The Economic Times · Jul 27

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday, underscoring the impact of AI-driven demand on the semiconductor sector. The firm's shares rocketed more than 500 percent by mid-morning, taking its market capitalisation to 3.5 trillion yuan…

The Economic Times · Jul 27

Intel Layoffs, Musk's Micron Moment, $200 Billion Samsung-Broadcom Pact and More: This Week in Tech

It’s been another eventful week in tech, with AI infrastructure deals, chipmaker layoffs, and fresh commentary on the AI trade dominating headlines. Here’s a quick recap of the major tech stories that came in over the week.

Benzinga · Jul 26

Why BofA Thinks Micron Stock Could Be One of AI’s Biggest Long-Term Winners

Bank of America says open-source AI models could expand memory demand, reinforcing its bullish outlook on Micron despite MU stock's massive rally.

Barchart · Jul 24

Gigabyte announces support for Chinese-made CXMT memory — pushes it to 8200 MT/s on Socket AM5

The performance is impressive and it's good to see official support, but the question remains whether you can actually buy any of it.

Tom’s Hardware · Jul 24

Investors Keep Buying the DRAM ETF Despite the Selloff. They Might Be Right About Memory Stocks.

Despite a recent selloff, investors continue pouring money into the DRAM ETF, betting that robust AI-driven demand will fuel another leg higher in memory chip stocks.

Barchart · Jul 24

China's memory chip makers ride AI boom to new power, US scrutiny

Chinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major Chinese tech firms. Both firms are preparing for blockbuster initial public offerings soon. They face scrutiny from the United States over military ties and market power. Expanded manufacturing capacity aims…

The Economic Times · Jul 24

NVIDIA's Next Breakout? Market Veteran Sees Plenty of Fuel Left in the AI Leader

Market experts said NVIDIA Corp. (NASDAQ:NVDA) remains a core AI semiconductor holding, while peers such as Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices Inc. (NASDAQ:AMD), Micron Technology Inc. (NASDAQ:MU) and Sandisk Corp. (NASDAQ:SNDK) continue to trade around hyperscaler spending, memory demand and AI infrastructure momentum.

Benzinga · Jul 23

AI memory shortage is now increasing the price of cars — GM warns of vast cost increases, BYD hikes driver assistance prices 20%

GM CFO Paul Jacobson says that the company's costs are expected to increase by $1.5 to $2 billion, primarily due to increasing memory chip costs. The move comes as the RAM shortage is affecting the automotive industry, right as cars are requiring more memory and storage due to infotainment and…

Tom’s Hardware · Jul 23