Memory Stocks Rip Ahead of Micron’s Wednesday Print
Chip stocks closed last week with double-digit pops in SNDK, INTC, and MU. Micron’s fiscal Q3 print Wednesday is the next test of the AI memory trade.
Technology
Coverage of public technology companies, semiconductors, software, cloud infrastructure, and digital platforms. Articles examine reported results, investment cycles, and competitive economics.
BFLY Pops 56% as Midjourney Builds Scanner on Its Chip
Butterfly Network jumped 56% to $8.90 after Midjourney unveiled a full-body scanner using 40 ultrasound-on-chip modules under a $74M license deal.
Marvell Hits Record High on AI Switch and Trainium Buzz
Marvell jumped 7% to a record $310 as a new 102.4 Tbps Teralynx switch, an Adobe-veteran CFO hire, and Amazon Trainium spillover stoked the rally.
Intel Rallies 10.6% as Foundry Adds Packaging Veteran
Intel jumped 10.64% Thursday after naming Seok-Hee Lee EVP of Intel Foundry to lead advanced packaging, as chip stocks rallied.
Tim Cook: Apple Price Hikes ‘Unavoidable’ as Memory Costs Surge
Tim Cook told the WSJ that Apple price increases are ‘unavoidable’ after AI-driven memory chip costs hit a ‘hundred-year flood.’ AAPL fell 1.1% to $295.95.
Intel Starts 18A-P Risk Production, INTC Drops 8.5%
Intel said its 18A-P node entered risk production at the VLSI Symposium, but INTC fell 8.45% to $117.05 as a 217% YTD run met a stretched consensus.
Convertible Bond Pricings Jump 43% in 2026 as Coupons Hit Zero
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
NVIDIA Sells $25B in Bonds, Largest Ever, First Since 2021
NVIDIA priced a $25B seven-tranche bond on June 15, upsizing from $20B — its first debt sale since 2021 and the largest in its history.
AMD Tops $900B at Record $558 as Ryzen AI Halo Lands
AMD jumped 8% to a record $558.37 on June 15, 2026, vaulting market cap above $900B as Ryzen AI Halo undercut Nvidia’s DGX Spark.
S&P 500 Top-10 Concentration Hits 37%, Beating Dot-Com Peak
The S&P 500’s 10 largest stocks now command roughly 37% of the index — exceeding the 2000 dot-com peak. Here’s the data and what it means.