AMD unveiled the Instinct MI300X and MI300A alongside ROCm 6, aiming to challenge Nvidia in AI and HPC markets with larger HBM3 memory, higher bandwidth, and an open software alternative amid strong demand for AI accelerators.
SK Hynix filed its F-1 prospectus with the SEC on June 30, seeking to list ADRs (ticker SKHY) on NASDAQ. The exact size and price remain undisclosed. As the world's second-largest DRAM manufacturer, this IPO could affect semiconductor financing, indirectly influencing HBM supply for AI training and crypto mining hardware. Investors should monitor industry dynamics.
Micron is set to report its quarterly earnings after the bell on June 24, with its stock having surged from $103 to $1,134 over the past year (an ~11x gain). Wall Street expects EPS of $19.72 (up 932% YoY) and revenue of $34.5 billion (up 270% YoY). However, elevated expectations pose risks. Analyst estimates have been revised upward, gross margin is at a record 81%, and the key driver for the stock will be guidance rather than current-quarter results.
Micron Technology is set to report quarterly earnings after market close on June 24. The stock has surged from $103 to $1,134 over the past year, reaching a market cap of $1.28 trillion. Wall Street expects a 932% year-over-year surge in EPS and 270% revenue growth, making this earnings report the ultimate test for the AI memory stock narrative.
SK Hynix surpassed Samsung in market cap for the first time in 26 years, only to see the Korean stock market trigger a circuit breaker the next day. Amid a memory super cycle, supply-demand gaps persist, but a price inflection point may emerge between H2 2027 and 2028.
Micron will report quarterly earnings after market close on June 24. Its stock has surged from $103 to $1,134 over the past year, giving it a $1.28 trillion market cap. Wall Street consensus expects EPS to skyrocket ~932% YoY and revenue to grow ~270%. The key question is whether the company can meet sky-high expectations and provide strong forward guidance.
Nvidia's B200 chip rental price has fallen from a high of $6.11/hour in late May to $4.22/hour, a drop of about 30% in three weeks. Meanwhile, a rare divergence in the semiconductor sector has emerged: Micron and SanDisk each surged nearly 60%, while Nvidia fell. Goldman Sachs' trading desk chief says the 'compute scarcity' narrative is under pressure, and the AI value chain's profits are shifting from GPUs to memory chips.
Micron will report its quarterly earnings after the bell on June 24, with its stock soaring from $103 to $1,134 over the past year—an 11x gain. Wall Street expects EPS of $19.72 (up 932% YoY) and revenue of $34.5 billion (up 270%), setting the stage for a critical test of the AI memory boom.
