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SanDisk Corp. (NASDAQ: SNDK ) stock fell in Wednesday’s premarket session after soaring 10.9% in the previous trading session, as investors took profits from high-momentum technology stocks amid a broader risk-off market. Nasdaq futures were down 0.92%, while S&P 500 futures slipped 0.34%, weighing on growth-oriented n
Applied Materials Inc. (NASDAQ: AMAT ) is the best-performing stock in the S&P 500 this month, surging about 54% in June. It is a move with almost no precedent in the company’s history. On Applied Materials’s monthly return record stretching back to the early 1970s, a single-month gain this large has happened only twic
The three companies that produce nearly all of the world’s DRAM chips are once again facing antitrust allegations. A class action filed June 25 in the U.S. District Court for the Northern District of California accuses Micron Technology Inc. (NASDAQ: MU ), Samsung Electronics Co., Ltd. (OTC: SSNLF ) and SK hynix Inc. o
Box Inc. (NYSE: BOX ) CEO Aaron Levie said the future balance of power in artificial intelligence (AI) will depend on whether open-source models can stay close enough to frontier systems to challenge the dominance of closed AI platforms. Open Vs Closed AI Battle On Sunday, in a post on X, Levie outlined a central divid
The defining bottleneck of the artificial-intelligence boom is no longer the graphics processor. It is the memory that sits next to it. That is the core argument of a Monday note from Jordi Visser, head of AI macro nexus at 22V Research. Borrowing a line from KAIST professor Kim Jung-ho — the engineer often called the