Micron surges as AI memory boom boosts chipmakers; memory tightness and AI demand keep MICRON in headlines. American memory chip pioneer, founded 1978.
Nvidia CEO Jensen Huang has joined President Trumps delegation to China and has been pictured in Beijing; the trip has been focusing on trade, AI export controls and Iran. China has not approved any purchases of Nvidias H200 chips and is continuing to push domestic chip development while U.S. export controls remain in place.
Samsung Electronics’ memory-chip division has reached a profit-sharing agreement with its unions, with 74% of around 62,000 voters backing the deal. The plan allocates 10.5% of operating profits to chip workers as special bonuses, averting a potential strike and underscoring the AI-driven surge in memory-chip profits amid a broader tech rally.
Memory-chip stocks have surged as AI demand drives higher memory usage. Micron, SK Hynix and Samsung have reached trillion-dollar valuations amid consolidation and persistent AI-driven demand. Investors remain attentive to moat durability and future demand.