USTR Greer praises Apple and Micron as reshoring push intensifies, and crypto should be paying attention

The post Broadcom (AVGO) Stock Soars Following Apple’s $30B+ Chip Partnership Expansion appeared on BitcoinEthereumNews.com. Quick Summary AVGO shares gained 4.83% Wednesday following Apple’s disclosure of a chip partnership valued at over $30 billion The tech giant plans a $1.5 billion capital investment to upgrade Broadcom’s Fort Collins, Colorado manufacturing site Premarket trading Thursday showed AVGO climbing another ~1.35%, reaching approximately $393.94 Analyst consensus stands at “Strong Buy” with a 12-month target of $516.91, suggesting roughly 33% potential growth Recent analyst activity includes an Erste Group downgrade to Hold on July 7, while UBS and Bank of America retained positive outlooks Shares of Broadcom Inc. (AVGO) surged 4.83% during Wednesday’s trading session, finishing at $388.69, following Apple’s disclosure that its semiconductor spending with the company will surpass $30 billion. Broadcom Inc., AVGO This development emerged as Apple outlined its ambitious $

Micron's investment enhances US tech independence, boosts job creation, and stabilizes supply chains, impacting AI and crypto sectors significantly. The post Micron boosts US investment plan, commits $250B through 2035 appeared first on Crypto Briefing.

Micron's stock surge highlights the transformative impact of AI and blockchain on traditional finance, with potential risks from market cyclicality. The post Micron stock surges nearly 200% in 2026 as AI memory demand meets tokenized trading on Ethereum and Solana appeared first on Crypto Briefing.

Micron's accelerated timeline bolsters US semiconductor self-reliance, enhancing national security and economic resilience amid global tech demands. The post Micron projects first wafer output in Idaho by mid-2027, accelerating US chip ambitions appeared first on Crypto Briefing.

Micron's investment bolsters US chip self-reliance, potentially reshaping global tech dynamics and enhancing AI and crypto infrastructure. The post Micron to invest up to $3B in US chip supply chain, fueling the AI infrastructure crypto miners depend on appeared first on Crypto Briefing.

The post Why Memory Stocks Cracked First in the AI Hardware Selloff appeared on BitcoinEthereumNews.com. The AI trade didn’t break where most people expected. It didn’t start with GPUs or server OEMs. It cracked at memory. SanDisk’s NAND franchise found itself front and center as sellers rushed out of anything tied to bits and wafers. Micron slid alongside it. And the move didn’t come out of thin air — it came right after Korea’s shock session that rattled global semis. Here’s why memory suddenly looked like the weak link in AI hardware, what actually changed under the surface, and how to keep your risk sane when this part of the stack gets loud. Point Details Global trigger On June 23, South Korea’s KOSPI plunged nearly 10%, halting trade; Samsung Electronics and SK Hynix each fell more than 12% that session (The Washington Post). U.S. follow-through SanDisk-linked and Micron names were reported down more than 13% at the close as the memory selloff spread f

The post Is Broadcom (AVGO) stock a buy after massive new Apple deal appeared on BitcoinEthereumNews.com. On Wednesday, July 8, Broadcom (NASDAQ: AVGO) stock received potentially powerful tailwinds when the blue-chip technology giant Apple (NASDAQ: AAPL) announced it would be increasing its spend with the company. According to the press release, the iPhone makers agreed to boost spending and now expect the deal to exceed $30 billion in an effort to bolster production of chips in the U.S.  Perhaps most notably, the agreement – which is part of Apple’s commitment to invest $600 billion in the American economy across four years – will involve a $1.5 billion capital expenditure (CapEx) investment earmarked for expansion and modernization of Broadcom’s facilities in Fort Collins, Colorado. Still, despite the scale of the deal, the question of whether AVGO is a ‘Buy’ after the announcement remains open given the equity’s performance so far in 2026. To begin with, the initial investor reactio

The post Apple Distributor In Thailand Cashes In On Consumer-Spending Recovery appeared on BitcoinEthereumNews.com. This story is part of Forbes’ coverage of Thailand’s Richest 2026. See the full list here. Amid a gradual recovery in consumer spending, Com7, Thailand’s leading retailer of smartphones with a nearly 25% market share, is thriving. The company booked a 25% increase in net profit to 1.2 billion baht ($37 million) on a 13% rise in revenue to 24 billion baht for the first quarter of 2026 and said it expects to maintain double-digit revenue growth on the back of 100 new store openings this year. The uptick in Com7 shares gave cofounder Sura Khanittaweekul a nearly 40% boost to his wealth to $655 million, though that is still below his net worth of $670 million in 2022 when he first entered the ranks of the country richest. Starting out in 1996 with one store in Bangkok’s popular Pantip Plaza electronics mall, Com7 as of March had a network of 1,323 stores, including Studio7 Th