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Markets · 1 day ago
Micron Technology Thrives Amidst AI-Driven Memory Chip Shortage
Micron Technology is experiencing a surge in demand for memory chips as smartphones, medical imaging devices, and AI servers compete for the same resources. This competition has led to rising prices and a critical shortage affecting various sectors.
Companies · 1 day ago
Jefferies Cuts SanDisk Price Target by 42% Amid Record Earnings
Despite reporting its highest quarterly earnings ever, SanDisk faces a significant price target reduction from Jefferies, dropping from $3,000 to $1,750.
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