Why Wall Street thinks US memory maker Micron is the next Nvidia

Tech and AI stocks now make up as much as 12% of most balanced superannuation funds, experts say Get our breaking news email, free app or daily news podcast Artificial intelligence and technology stocks have become a driving force on Wall Street and, unbeknownst to most Australians, a growing part of their retirement savings. The so-called “magnificent seven” – chip maker Nvidia, Google owner Alphabet, Apple, Microsoft, Amazon, Facebook owner Meta and Tesla – are, for better or worse, increasingly part of the portfolios offered by superannuation funds. Continue reading...

Firmus Technologies' expansion into Indonesia with Nvidia could accelerate AI infrastructure growth and energy-efficient data solutions in Asia-Pacific. The post Firmus Technologies partners with Nvidia to build data center in Indonesia appeared first on Crypto Briefing.

Micron's profitability surge highlights the critical role of memory chips in AI, but future supply changes could challenge its market position. The post Micron Technology set to surpass all US companies in profitability except Nvidia and Google appeared first on Crypto Briefing.

Firmus Technologies' Nvidia partnership signifies a strategic shift towards scalable AI infrastructure, potentially reshaping global tech ecosystems. The post Firmus Technologies strikes AI access deal with Nvidia, building on Bitcoin mining roots appeared first on Crypto Briefing.

Apple's potential deal with CXMT could reshape global DRAM pricing, challenging geopolitical norms and impacting tech supply chains. The post Micron maintains edge as Apple sources cheap DRAM from CXMT appeared first on Crypto Briefing.

Meituan's AI success on domestic hardware challenges NVIDIA's dominance, blurs tech industry lines, and pressures AI pricing models globally. The post OpenRouter’s Owl Alpha model hits 10.1T monthly tokens, ranks first globally appeared first on Crypto Briefing.

The lawsuit highlights growing tensions in AI development, emphasizing the need for clearer legal frameworks around data usage and copyright. The post Jamendo sues Nvidia over alleged misuse of data and music in AI training appeared first on Crypto Briefing.

ISM PMI at 54.0 and an S&P 500 Industrials drop of 3.41% on Jun 26 highlight a split from AI-led rallies like Micron’s 2026 surge. What the divergence implies.