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Advanced chipmaking tool arrives at New York state innovation hub
Reuters66d agoneutral
Advanced chipmaking tool arrives at New York state innovation hub

The first components of an ASML next-generation chipmaking tool arrived ‌at New York state's Albany NanoTech Complex on ‌Tuesday, the governor's office said. The NanoTech complex will use the tool to conduct ​research and development on future forms of chip design and manufacturing. The NanoTech facility is the only one of its kind in North America, according to NY Creates Director Dave Anderson, and ‌is similar in ⁠scope and focus to Europe's Imec, which operates in Belgium.

Stocks to Watch: GM, Novartis, Swatch, Micron
The Wall Street Journal66d agoneutral
Stocks to Watch: GM, Novartis, Swatch, Micron

↗️ Novartis (CH:NOVN): Shares in the Swiss pharmaceutical company climbed after it returned to sales growth in the second quarter, driven by some of its top-selling drugs. ↘️ Swatch (CH:UHR): The watchmaker’s shares fell despite better first-half sales, as profit dropped compared to the same period last year.

Micron Technology (MU) Could Be 41% Above Fair Value As AI Memory Deals Draw Focus
Simply Wall St.67d agoneutral
Micron Technology (MU) Could Be 41% Above Fair Value As AI Memory Deals Draw Focus

Micron Technology (MU) is back in focus after securing long-term customer agreements with leading automotive and technology partners, linking its stock story more tightly to AI-driven memory demand and expanding U.S. manufacturing plans. See our latest analysis for Micron Technology. Micron Technology’s share price has been volatile, with a 1-day share price return of 1.94% after recent AI and auto-related announcements, a 30-day share price return down 23.68%, a strong 90-day share price...

Claude AI Says Michael Burry’s Micron (MU) Warning “Deserves Respect”
Insider Monkey67d agoneutral
Claude AI Says Michael Burry’s Micron (MU) Warning “Deserves Respect”

Michael Burry recently shorted Micron (NASDAQ:MU) and called it “cyclical like no other.” His argument: the stock’s rally reached historically extreme levels driven by fear of missing out and the greater fool theory, not fundamentals, and warned AI chip stocks face a 30% correction. Claude AI recently said Burry’s broader argument about semiconductor stocks, especially […]

AI capex to Pass $1 trillion by 2027: Strategist
Yahoo Finance Video67d agoneutralVIDEO
AI capex to Pass $1 trillion by 2027: Strategist

Raymond James Investment Management chief market strategist Matt Orton predicts 2027 AI capex will top $1 trillion driven by strong cloud monetization and capacity constraints, warning that chip stocks could face a 15% to 20% sell-off if Big Tech fails to raise spending guidance.

Markets may get 'increasingly nervous' if hyperscalers raise AI capex further
Yahoo Finance Video67d agoneutralVIDEO
Markets may get 'increasingly nervous' if hyperscalers raise AI capex further

US stocks (^DJI, ^IXIC, ^GSPC) are mixed ahead of Monday's close as investors await the release of second quarter earnings from Alphabet (GOOG, GOOGL), Tesla (TSLA), Intel (INTC), and IBM (IBM) throughout this week. Tematica Research CIO Chris Versace comes on Market Domination to comment on how markets may end up reacting to AI spending forecasts outlined in these upcoming earnings.