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Why China’s DUV Push Hit ASML (ASML) and Micron (MU) for Different Reasons
Insider Monkey58d agoneutral
Why China’s DUV Push Hit ASML (ASML) and Micron (MU) for Different Reasons

China has started producing domestic immersion deep-ultraviolet lithography tools, Reuters reported on July 28. State-backed Shanghai Aishengna Electronic Technology Group plans to deliver machines to Semiconductor Manufacturing International, Hua Hong Semiconductor and memory producer ChangXin Memory Technologies. Production is expected to remain small, at roughly five systems in 2026 and about 20 in 2027. The […]

Micron (MU) Stock Looks Above Fair Value On Cash Flow But Below Fair Value On Earnings
Simply Wall St.59d agoneutral
Micron (MU) Stock Looks Above Fair Value On Cash Flow But Below Fair Value On Earnings

Micron Technology stock has delivered a very large gain of roughly 11x over the past three years, yet its valuation signals are split, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to a premium while market multiples still screen the stock as relatively inexpensive against peers. Micron Technology has returned about 11x over three years, which puts extra focus on whether current expectations already embed much of that success. Ongoing investment in high bandwidth...

SK Hynix's Record Profit Misses Investors' Lofty AI Expectations
Bloomberg59d agobearish
SK Hynix's Record Profit Misses Investors' Lofty AI Expectations

(Bloomberg) -- SK Hynix Inc.'s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia's $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel

Bloomberg59d agobearish
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations

(Bloomberg) -- SK Hynix Inc.’s quarterly profit rose a smaller-than expected 557%, adding to heightened fears that an AI boom that has propelled the semiconductor industry may be decelerating. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeSpaceX Rebounds After Briefly Plunging 20% Bel

Investors Rotate Out of Chip Stocks
The Wall Street Journal59d agoneutral
Investors Rotate Out of Chip Stocks

The market has been spooked by concerns of tech giants’ ballooning spending and signs that China may be catching up in the AI arms race. Asian chip stocks plunged, sending South Korea’s Kospi index 10% lower and Japan’s Nikkei down 4%. The worst-hit American names included memory makers Sandisk which fell another 14%, and Micron, which shed 8.9%.

Mag 7 earnings: Alphabet 'really set the tone,' strategist says
Yahoo Finance Video59d agoneutralVIDEO
Mag 7 earnings: Alphabet 'really set the tone,' strategist says

Meta Platforms (META), Microsoft (MSFT), Amazon (AMZN), and Apple (AAPL) are the next Big Tech names — part of the Magnificent Seven — to report quarterly earnings results this week. Zacks Investment Research stock strategist Ethan Feller weighs in on investors' expectations for these Magnificent Seven member stocks.