#microntechnology

US Top News and Analysis | Stocks making the biggest moves midday: Akamai Technologies, Micron, Nebius, Alibaba & more AI generated summary, Read the full article for complete information. Midday trading saw a broad rally in chip stocks, with the VanEck Semiconductor ETF (SMH) gaining more than 1% and companies such as Micron Technology (+3%), On Semiconductor (+10%), Marvell Technology (+7%) and Nvidia (+2%) all advancing. Akamai Technologies jumped almost 7% after Bank of America upgraded the stock and highlighted its transition to an AI‑infrastructure platform. AI‑focused cloud firm Nebius surged 16% on a 684% revenue jump to $399 million and the announcement of a new AI factory in Pennsylvania. U.S.–listed Alibaba climbed 6% after reporting a 38% increase in first‑quarter cloud revenue and expanded AI investments. EchoStar rose 4% following FCC approval of a $40 billion spectrum sale to AT&T and SpaceX, while energy company Nextpower gained 12% after raising its full‑year revenue outlook to $3.8‑$4.1 billion. Conversely, Birkenstock fell over 10% and Resideo Technologies dropped 17% after missing earnings and revenue forecasts, respectively. Photonics names benefitted from the AI theme, with Coherent up 6%, Lumentum up more than 2% and Corning up nearly 2%. Wix.com tumbled 30% after reporting earnings of 68 cents per share, well below expectations. Read more: https://www.cnbc.com/2026/05/13/stocks-making-the-biggest-moves-midday-akam-mu-nbis-baba.html #AkamaiTechnologies #MicronTechnology #Alibaba #Nvidia #ATT #SpaceX #Birkenstock #Wixcom #ResideoTechnologies #Corning #

US Top News and Analysis | Here are Wednesday's biggest analyst calls: Nvidia, Apple, Micron, Amazon, AMD, Johnson & Johnson & more AI generated summary, Read the full article for complete information. On Wednesday, May 13, CNBC’s analyst‑call roundup highlighted a series of upgrades and price‑target changes across a range of stocks. Oppenheimer reiterated an Outperform rating on Nvidia, projecting a $265 target and a near‑2.5% dividend yield if half of its free cash flow is returned to shareholders. Daiwa upgraded Apple to Outperform with a $325 target, citing its strong ecosystem. UBS raised KE Holdings to Buy, citing upside in tier‑1 Chinese cities, while Argus upgraded Wendy’s to Buy ahead of a potential go‑private deal. Truist moved Sensata Technologies to Buy, pointing to a stabilized auto business and AI exposure. Bank of America reinforced its Buy stance on Micron and Nvidia, lifting Nvidia’s target to $320 and Micron’s to $950, driven by AI‑related memory demand. Additional upgrades included Concept Therapeutics (Buy, $72 target), Zebra Technologies (overweight, $305 target), CoinShares (outperform), Akamai (Buy, $175 target), NextDecade (Buy, $11 target), Vestis (outperform), Unusual Machines (Buy), Heico (Buy), Mosaic (outperform), Venture Global (Buy, $17 target), and several others with price‑target adjustments and rationale ranging from sector strength to turnaround potential. Read more: https://www.cnbc.com/2026/05/13/wednesdays-big-stock-calls-by-wall-street-analysts-include-nvidia-apple.html #Nvidia #Apple #MicronTechnology #AMD #Amazon

US Top News and Analysis | Memory chip makers are looking at a 'supercycle' and 'windfall gains.' The stocks jumped 30% in one week AI generated summary, Read the full article for complete information. Memory chip makers are riding a “supercycle” of surging AI demand, boosting pricing power and profit forecasts across the volatile sector. Analysts cite rapid AI accelerator adoption as a catalyst for windfall gains, driving shares like Micron Technology up nearly 38% for its best weekly performance since 2008 and lifting the Roundhill Memory ETF (DRAM) over 30% in a week. Samsung plans to start construction of its new P5 Fab 2 plant six months early to cement market dominance through 2027, while SK Hynix is fielding investment offers to ramp production, and Micron’s recent Taiwan plant acquisition promises greater DRAM and HBM output by the end of 2028. The memory crunch is pushing DRAM and NAND prices higher—analysts project a 180% rise by mid‑2026—causing downstream cost pressures for companies like Apple and Microsoft, while upstream manufacturers expect gross margins of 70‑77% this year, with Micron and SanDisk targeting margins above 80% next year. Read more: https://www.cnbc.com/2026/05/10/memory-chip-makers-are-looking-at-a-supercycle-and-windfall-gains-the-stocks-jumped-30percent-in-one-week.html #MicronTechnology #SKHynix #SamsungElectronics #AI #TimCook

Times of India | White House shares the list of 21 American companies donating millions to Trump administration’s new ballroom construction AI generated summary, Read the full article for complete information. The White House has disclosed that 21 major U.S. firms are contributing millions toward a new 90,000‑square‑foot, $400 million ballroom being built on the White House grounds—a project accelerated after a security breach at the recent Correspondents’ Dinner. President Donald Trump insists the construction will not use taxpayer money, though federal funds cover underground security work, and he warned that any legal challenges must be dropped. The Justice Department has urged the National Trust for Historic Preservation to abandon its lawsuit, arguing the ballroom will let presidents host large events without leaving the White House perimeter. The donor list, reported by Fortune, includes tech giants such as Meta, Apple, Amazon, Google (Alphabet), Microsoft, and Comcast; defense and security contractors like Lockheed Martin, Palantir, and Booz Allen Hamilton; energy and manufacturing firms including NextEra Energy, Caterpillar, and Micron; as well as companies from tobacco, crypto, rail, and entertainment sectors such as Altria, Coinbase, Ripple, Union Pacific, Hard Rock International, and Tether America. Donations are being made through the Trust for the National Mall and are tax‑deductible, while Trump has pledged to contribute personally but does not appear on the list. Read more: https://timesofindia.indiatimes.com/technology/tech-news/white-house-shares-the-list-of-21-american-companies-donating-millions-to-trump-administrations-new-ballroom-construction/articleshow/130638555.cms #WhiteHouse #DonaldTrump #MetaPlatforms #LockheedMartin #MicronTechnology