Memory Is the New ‘King’ of Chips, Taking Over 50% of Semiconductor Revenue, Susquehanna Says

Micron Turned $10,000 Into About $130,000 in 5 Years. Most of It Came in the Past 12 Months.

A $10,000 investment in Micron Technology in September 2021 grew to approximately $130,000 in five years, with nearly all gains occurring in the past 12 months driven by AI-driven demand for memory chips. However, the stock's current valuation and cyclical nature of memory prices raise concerns about sustainability, as the company previously suffered a $5.83 billion loss during a memory price downturn three years ago.

Shares of memory- and storage-related chip companies are trading higher, possibly amid reports suggesting SK Hynix's subsidiary is considering building a NAND flash memory chip factory in the U.S. Also, reports suggest ChangXin ​Memory Technologies plans to establish a research-and-development production line for NAND flash memory.

$3.2T Chip Boom: Which Semiconductor ETFs Get The Biggest Slice?

Bank of America sees the semiconductor market reaching $3.2T by 2030. Here’s how AI, memory and chip-equipment ETFs could benefit.

Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today

Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.

Nvidia-backed Nscale Wants to Ride the AI Infrastructure Boom to Wall Street: Files for NYSE IPO

London cloud company Nscale, backed by Microsoft and Nvidia, has filed to sell shares publicly on the New York Stock Exchange.

Gavin Newsom Orders California to Advance Creation of AI ‘Kill Switch’ — Says Trump and Congress Are ‘Failing to Lead’ on AI Oversight

Newsom ordered tighter AI oversight and a review of “kill switches” for advanced models, criticizing Washington’s lack of federal safeguards.