micron

According to the South Korean media The Elec, GlobalWafers stated during the Q2 earnings call that the production lines for 12-inch, 8-inch, and 6-inch wafers are nearing full capacity, with some advanced 12-inch products experiencing supply constraints due to a surge in demand for AI chips, HBM, and advanced packaging. Shin-Etsu Chemical achieved double-digit growth in 12-inch shipments both year-on-year and quarter-on-quarter in Q2, and Sungrow also believes that customer inventory adjustments are nearing completion. Although SK Siltron is gradually releasing capacity from new production lines, it is still difficult to meet the growth rate of orders.Tight supply is driving changes in long-term contract models, and GlobalWafers signed a 10-year LTA (including advance payment) with Micron last month. Prices in the non-LTA market have begun to rise and are expected to continue to increase in the second half of the year. GlobalWafers stated that it is negotiating with customers to incorporate price adjustment mechanisms into new contracts, and Nexchip also emphasized the need for "broad and meaningful price increases" to support reinvestment. Industry insiders expect that as new factories from Samsung, SK Hynix, and Micron come online, wafer demand will double in the second half of 2027, and supply shortages may further intensify.

Bank of America (BofA) reiterated its "Buy" rating on Micron, with a target price of $1550, stating that the recent sell-off is an "enhanced buying opportunity." The bank expects memory prices to normalize starting in 2027-2028, but the fundamentals remain strong.Bank of America predicts Micron's earnings per share for fiscal year 2028 to be around $150, and in a pessimistic scenario, about $100, still well above the previous cycle peak of around $12.

According to Gate market data, U.S. stocks closed on Tuesday with the Dow Jones Industrial Average initially rising by 1%, the S&P 500 index up by 0.2%, and the Nasdaq down by 0.2%. SK Hynix fell by 8.98%, and Micron Technology dropped by 8.85%. SanDisk's stock price fell by 14%, down more than 50% from the historical high it reached a month ago.The Nasdaq Golden Dragon China Index closed up by 1.08%, with NetEase rising nearly 3%.

The U.S. stock semiconductor storage sector is showing an overall pullback trend. According to data from the Gate platform, SanDisk (SNDK) is currently priced at $1,279.20, with a 24-hour decline of 10.84%; Micron Technology (MU) is currently priced at $900.98, with a 24-hour decline of 2.08%. Accompanying the sharp price fluctuations of these two assets, the trading activity of derivatives on the Gate platform continues to increase. According to Coinglass data, the 24-hour trading volume of Gate SNDK contracts reached $382 million, with an open interest of $82.2 million; the 24-hour trading volume of Gate MU contracts reached $55.35 million, with an open interest of $21.7 million, both ranking among the top in the network.

According to the official announcement, Bitget has completed the dividend distribution for 63 US stocks and ETFs, including rMU (Micron Technology), rQQQ (Nasdaq 100 Index ETF), and rTSM (TSMC). Bitget has proportionally settled USDT dividends to users holding the relevant stocks at the snapshot time, with the entire process handled automatically, requiring no action from users. This dividend distribution covers multiple asset categories, including technology, semiconductors, communications, and index ETFs.Users can check the specific details by going to the APP "Assets" - "Financial Records" - "Spot" - "Others" - "Dividends" or on the Web "Asset Overview" - "Spot Orders" - "Fund Flow" - "Others" - "Dividends". The final amount and time of receipt are subject to the actual amount received on the platform and the display on the page.

SanDisk (SNDK) and Micron Technology (MU) stock prices have rebounded, and the market attention on related assets continues to rise. According to Gate market data, SanDisk (SNDK) is currently priced at $1,390.52, with a 24-hour increase of 2.52%; Micron Technology (MU) is currently priced at $866.18, with a 24-hour increase of 2.00%. Along with the fluctuations in the sector, trading of related derivatives for the two major assets remains active. According to Coinglass data, the 24-hour trading volume for Gate SNDK contracts reached $163 million, with an open interest of $32.33 million; the 24-hour trading volume for Gate MU contracts reached $37.59 million, with an open interest of $18.08 million, making the trading activity among the highest in the network.

The semiconductor storage sector of the US stock market is showing a differentiated trend. According to data from the Gate platform, SanDisk (SNDK) is currently priced at $1716.57, down 5.80% in the last 24 hours due to previous excessive gains and valuation adjustment pressure; while Micron Technology (MU), with a relatively reasonable valuation, is demonstrating stronger resilience, rising against the trend to a current price of $948.77, with a 24-hour increase of 2.21%. As the prices of these two assets fluctuate, the trading activity of derivatives on the Gate platform continues to rise. According to Coinglass data, the 24-hour trading volume of Gate SNDK contracts reached $12.4 million, with an open interest of $26.84 million; the 24-hour trading volume of Gate MU contracts reached $18.44 million, with an open interest of $19.23 million, both ranking among the top in the network.

Backpack announced the launch of the first 24/7/365 real-time US stock trading market for international investors, allowing users to buy and sell real American stocks around the clock, rather than synthetic derivatives. The first batch of supported stocks includes SpaceX (SPCX), Micron (MU), and SanDisk (SNDK).Backpack stated that the platform offers real equity ownership, instant settlement, and continuous price discovery, and supports deposits in fiat currency or stablecoins. In addition, the platform also supports tokenized versions of these assets on Solana, allowing users to achieve a 1:1 conversion between traditional securities and tokenized stocks on the Backpack platform.

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average rose by 0.26%, the S&P 500 index rose by 0.08%, and the Nasdaq Composite index fell by 0.15%.Micron Technology (MU.O) fell by 3%, Qualcomm (QCOM.O) fell by 2%, SanDisk (SNDK.O) fell by 4%, Western Digital (WDC.O) fell by 1.9%, and Meta Platforms (META.O) rose by 4.9%.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising 0.08%, the S&P 500 Index rising 0.2%, and the Nasdaq Composite Index rising 0.2%. Micron Technology (MU.O) rose over 6%, with the company planning to expand its investment in the U.S. to over $250 billion by 2035.Qualcomm (QCOM.O) rose 1.9%, while Meta Platforms (META.O) fell 3.4%, as the company plans to start production of an AI chip in September.

According to Jinshi reports, Micron Technology (MU.O) stated that it plans to invest $3 billion to strengthen the domestic semiconductor supply chain in the United States.

U.S. President Trump stated that the market will surge.He also mentioned to buy Dell, wanting to thank Micron. Dell (DELL.N) saw a short-term rise of over 3%, and Trump called to buy Dell. In addition, Trump reiterated that Iran must never have nuclear weapons, and he stated that relations with Venezuela are good, as well as relations with Iran.

According to Bloomberg, Micron officially broke ground on its factory expansion project in Higashi-Hiroshima City, Hiroshima Prefecture, Japan on Saturday. The total investment for the project is approximately 1.5 trillion yen (about 9.3 billion USD), aimed at producing advanced memory chips for the AI era.The new production line will focus on key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors like those from Nvidia. The related chips are expected to start shipping as early as the summer of 2028.The Japanese Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidy support for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience.This expansion project is seen as an important step for Japan to strengthen its semiconductor manufacturing layout in the global AI chip competition.

According to Gate market data, U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average initially down 0.02%, the S&P 500 index down 0.2%, and the Nasdaq down 0.66%. NVIDIA (NVDA.O) fell 1%, Micron Technology (MU.O) fell 10.5%, SanDisk (SNDK.O) fell 10.6%, AMD (AMD.O) fell 6.8%, and Meta (META.O) rose 8.8%. The Nasdaq China Golden Dragon Index surged 2.9%, and Alibaba (BABA.N) rose 2%.

According to Gate market data, the Philadelphia Semiconductor Index fell over 5%, Micron Technology fell over 8%, Intel fell over 7%, Arm fell 6%, and Nvidia fell 2.6%.

According to on-chain analyst @ai_9684xtpa, the smart money that previously profited $4.15 million from going long on SK Hynix, Micron, and Intel has turned bearish for the first time.Around 17:30 today, they opened a package of short positions on Micron (MU), SK Hynix (SKHX), SanDisk (SNDK), Intel (INTC), and BTC, with a total position exceeding $34.9 million. The U.S. stock market opened with a sharp decline, and within just four hours of opening the positions, they had already realized a profit of $1.742 million.

According to Jinshi reports, Micron Technology (MU.O) announced an investment of $250 million in the "Trump Account," covering 1 million people. The "Trump Account" program will provide eligible children with a one-time seed funding of $250.

According to the official announcement from Jupiter, the Solana chain now supports trading of the memory ETF DRAM (Roundhill Memory ETF), with holdings covering Samsung, SK Hynix, Micron, and SanDisk.