Micron Q3 Preview: A 244% YTD Run Meets June 24 Earnings
Micron prints fiscal Q3 on June 24 after a 244% YTD run to a $1.1T market cap. Here’s what the HBM, DRAM, and margin commentary needs to show.
Artificial Intelligence
Market-focused coverage of artificial intelligence companies, infrastructure spending, business models, and adoption. We examine the filings, financial metrics, and competitive forces behind the headlines.
DRAM Prices Climb as AI Triggers a Memory Supercycle
Morgan Stanley calls it a structural shortage. DRAM, NAND and HBM contract prices are climbing as AI servers reroute the world’s memory output.
ARM Soars 12% on BofA’s $170B Agentic AI Call
ARM jumps 12% to $384 as Bank of America’s $170B agentic AI thesis lifts the chip trio. NVDA, AMD, INTC ride the same wave.
KKR, NVIDIA Launch $10B Helix to Bankroll AI Buildout
KKR, NVIDIA, Vistra and Kuwait’s sovereign wealth fund seeded Helix Digital Infrastructure with $10B+ in long-duration capital to finance AI infrastructure.
Marvell Joins S&P 500 June 22 — Up 230% YTD on AI Chip Demand
Marvell Technology joins the S&P 500 on June 22, 2026, replacing Pool Corp. The AI chip designer is up 230% YTD with a $246B market cap.
Adobe Drops 6% on Record Q2 as CFO Exit, AI Fear Eclipse Beat
Adobe beat Q2 FY26 estimates, raised FY26 guidance, and disclosed CFO Dan Durn’s departure to Marvell — all in one press release. The stock fell 6%.
Intel Soars 6% as BofA Double Upgrade Pegs $135 PT
Bank of America delivered a rare double upgrade to Intel, lifting its target to $135 and sizing the AI server-CPU TAM at $170 billion by 2030. INTC jumped 6%.
Super Micro Plunges 28% as $7B Raise Eclipses $39B AI Backlog
SMCI stock fell 28% on June 10, 2026 after the AI-server maker unveiled $7B in concurrent equity and equity-linked financing to fund its $39B order backlog.
Oracle Beat Q4. Then It Asked Wall Street for $40B
Oracle posted a clean Q4 FY26 beat, then unveiled a $40B FY27 raise for AI capex. ORCL slid 6% after-hours as the debt math overshadowed the print.
Apple Stock Drops 3.6% After WWDC 2026 Siri AI Reveal
Apple shares slid 3.6% to $290.55 after WWDC 2026, as investors weighed a Google-powered Siri, an A17 Pro device gate, and a September ship date.