Source: TradingView.com Key Takeaways Micron shares pulled back from a record high Friday following a report that the company will stop providing server chips to data centers in China. After climbing above $200 for the first time earlier this month, the stock consolidated in a pennant before breaking out from the pattern on Thursday, potentially laying the groundwork for a continuation move higher. Bars pattern analysis indicates the price could climb to around $245. Investors should also watch key s ...

Stocks have moved mostly higher during trading on Thursday, with the major averages all moving to the upside after ending yesterday's volatile session mixed.Currently, the major averages are all in positive territory but off their highs of the session. The Nasdaq is up 155.17 points or 0.7 percent at 22,825.25, the S&P 500 is up 25.98 points or 0.4 percent at 6,697.04 and the Dow is up 103.49 points or 0.2 percent at 46,356.80.The upward move on Wall Street partly reflects strength among stocks, as reflect ...

Key TakeawaysSingapore's economy posted stronger-than-expected GDP growth of 2.9% year-on-year in the third quarter, yet the Monetary Authority of Singapore (MAS) has issued a warning of slower growth and persistently low core inflation into 2026.Samsung Electronics (SSNLF) announced a significant 30% increase in its third-quarter operating profit, largely fueled by robust demand and rising prices for memory chips, particularly those vital for artificial intelligence applications.JPMorgan Asset Management ( ...

Samsung Electronics is expected to post its highest third-quarter profit since 2022, driven by higher memory chip prices supported by server demand as customers rebuild inventories, analysts' estimate... ...

China's latest export controls on rare earths are expected to have a direct impact on the global semiconductor supply chain, complicating the production of AI and memory chips from major US and South Korean suppliers, according to analysts. On Thursday, China's Ministry of Commerce imposed a raft of new export controls on rare earth materials critical for the chip manufacturing process. It imposed restrictions on the export of technologies related to rare earth production, such as mining, smelting and sep ...

Justin Sullivan / Getty Images Shares of memory chip maker Micron Technology are up sharply this year. Key Takeaways Shares of memory chip maker Micron Technology climbed to a fresh high to start the week, extending their recent rally. Morgan Stanley analysts upgraded the stock on expectations of AI-driven growth, while partner Advanced Micro Devices announced a massive deal with OpenAI Monday. Micron Technology's (MU) stock has had a strong run in 2025 so far, and some Wall Street bulls say it's se ...

[Music] Welcome back to Morning Movers. Recapping one of our top stories this morning. Morgan Stanley upgrading Micron to overweight and raising its price target to 220 from 160.Memory semiconductors have been on a surge of late. Micron is up more than 200% off its April lows. Time now for options corner.Joining us now to take a deeper look at Micron is Rick Ducat lead a market technician here on Schwab Network. All right, Rick, take us through the trends you notice in this chart. Well, Micron doing pretty ...

(Reuters) -OpenAI (OPAI.PVT) CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the company's demand for its computing capacity, the Wall Street Journal reported on Saturday, citing sources familiar with the meetings. Altman has held discussions since late September in Taiwan, South Korea, and Japan with major suppliers such as Taiwan Semiconductor Manufacturing, Foxconn, Samsung, and SK Hynix to boost ...

Shares of Samsung Electronics and SK Hynix rallied on Thursday after the South Korean chipmakers signed letters of intent to supply memory chips for OpenAI's data centers. ...

Key Points Micron Technology just finished a record-breaking 2025 fiscal year, with revenue up 49% and net income up 998%. It benefits from increased data center spending, which is projected to reach $1.1 trillion by 2029. While Micron's share price has risen significantly this year, it's trading at just 10 times forward earnings. 10 stocks we like better than Micron Technology › To meet the demands of artificial intelligence (AI) systems, tech companies have been investing heavily in new infrast ...