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The world's hottest stock market fell 10% Tuesday. The tech selloff may just be getting started.
Cerebras Systems, an AI chip maker, anticipates first-quarter sales of $181 million, an 82% increase year-over-year.
Micron Technology’s (MU) earnings announcement on June 24 is expected to be the grand finale to a stunning earnings announcement season. For the most recently reported quarter for the three months ended February 26, Micron increased earnings per share by 756% following 984% growth last ...
Memory chips maker Micron (NASDAQ:MU) will be reporting results this Wednesday after market hours. Here’s what to expect.
Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks.Tech firms -- the main driver of a surge across world markets as investors pile into all things AI -- took a hit in Asia.
Tuesday's catalysts include flash PMIs, Richmond Fed data, ADP weekly employment, Treasury bill and 2-year note auctions, and May money supply.
Apple effectively confirmed that the memory shortage doesn't appear to be ending anytime soon.
Shares of memory chips maker Micron (NASDAQ:MU) jumped 4.8% in the afternoon session after two more major Wall Street price target upgrades arrived ahead of its fiscal Q3 earnings report later in the week.
Analysts are bullish and raising earnings estimates as shares hit new all-time highs.

Wall Street Journal technology reporter Rolfe Winkler discusses his interview with Apple (AAPL) CEO Tim Cook, who said that rising memory costs have made iPhone price increases "unavoidable."

Wall Street Journal technology reporter Rolfe Winkler discusses his interview with Apple (AAPL) CEO Tim Cook, who said that rising memory costs have made iPhone price increases "unavoidable."
The rocket company’s shares fell 16% amid reports it plans to sell at least $20 billion in bonds. The tech-heavy Nasdaq composite fell 1.3%, while the Dow rose 0.3%.
Micron's stunning performance this year could be about to get even better, with traders expecting a big move from the memory chipmaker's stock after its quarterly results.

Micron (MU) stock hit a new all-time high on Monday after the company's deal with Anthropic (ANTH.PVT) was announced. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look in the video above.

Micron (MU) stock hit a new all-time high on Monday after the company's deal with Anthropic (ANTH.PVT) was announced. Yahoo Finance Senior Business Reporter Ines Ferré takes a closer look in the video above.
Micron's stock still looks cheap on a forward earnings basis.
Micron Technology (MU) signed an agreement with Anthropic that includes memory and storage supply, w
Micron Technology (NASDAQ:MU) has gone vertical. Shares are nearly at $1,200. MU jumped 880% from in one year. Year-to-date, the move sits at 280%, which makes the broader technology complex look sedated by comparison. The headwind into June 24 is the arithmetic of that run. Consensus analyst target sits at $866.60, well below the current ... Mark June 24 on Your Calendar: The Report That Could Send Micron Parabolic Again
David Tepper added to his position in the iShares MSCI South Korea ETF (NYSEARCA:EWY) during the first quarter of 2026, building on a stake he first established in the fourth quarter of 2025. He bought Micron Technology (NASDAQ:MU) at the same time. The pairing tells you what the trade actually is. One memory bet wears ... David Tepper’s Most Ignored Trade of 2026 Is a $400 Million Bet on an Entire Country’s Economy
Micron Technology said on Monday it has signed an agreement with Anthropic that includes supply of memory and storage products, and a strategic investment in the IPO-bound AI company's latest funding round. AI developers are racing to secure critical components for increasingly expensive data-center buildouts, while memory makers look to tap into the soaring demand for high-bandwidth memory and storage used in training and running advanced AI models. "Our compute strategy depends on getting every layer of the stack right, and memory and storage are central to how efficiently we can train and serve Claude," said Tom Brown, Anthropic's co-founder and chief compute officer.
Stanley Druckenmiller sold his entire Alphabet (NASDAQ:GOOG) stake in the first quarter of 2026 and rotated the proceeds into SanDisk (NASDAQ:SNDK), Seagate Technology (NASDAQ:STX), Micron Technology (NASDAQ:MU), Broadcom (NASDAQ:AVGO), and Arm Holdings (NASDAQ:ARM). The billionaire who built Duquesne by reading macro tea leaves, and who famously sidestepped the dot-com unwind in 2000, dumped the highest-multiple AI software ... The Billionaire Who Called the 2008 Bubble Just Dumped Google to Bu