Lam Research (LRCX) flashed a bullish Golden Cross on its chart, with short-term moving average breaking above long-term average, amid strong demand for its gear from chip giants like TSMC and Samsung.
As summer kicks off, the S&P 500 is flat, but still within 5% of an all-time high; however, without a clear catalyst, uncertainty is likely to weigh on growth
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Micron Technology stock has joined in the latest round of investments to onshore domestic manufacturing of semiconductors, pushing for a new potential upside.
Micron Technology plans to expand its U.S. investments by $30 billion, creating 90,000 jobs and reaffirming its position as a global leader in memory technology.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Micron Technology announces shipment of HBM4 samples to multiple customers for next-gen AI platforms, featuring 2048-bit interface and 60% better performance. Plans to ramp up production in 2026. MU stock up 2.10%.
