BNP Paribas is warning clients that this week's SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the mark

Why Did Micron Stock Bounce Back Today?

10:30am, Monday, 08'th Jun 2026
Chip stock sold off last week, but Nvidia's CEO thinks the AI revolution is just getting started. Nvidia is tying up with Sandisk rival SK Hynix to improve memory chips performance and production.
Long-term supply agreements are altering memory companies' long-term earnings potential for the better, an analyst says.
Memory and storage names are leading the tape in early Monday trading, snapping back hard from Friday's brutal selloff.
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The cyclicality of the semiconductor industry might give some investors pause, even as the memory chip makers continue to skyrocket past expectations and the price targets set in place by sell-side an

Wells Fargo sets Micron stock price target

08:30am, Monday, 08'th Jun 2026
The American financial services company Wells Fargo raised its price target on Micron (NASDAQ: MU) by 120% on June 8, upping it from $550 to $1,220 and maintaining a ‘Buy' rating on the semiconducto
AI infrastructure demand remains robust, driving hyperscalers to increase capex and fueling bottlenecks in CPUs, memory, and energy supply. AMD, Micron, and GE Vernova are identified as top AI bottl
Micron Technology stock was rising on Monday after a steep selloff the previous week.

Micron's Drop Has Smart Money Circling Again

06:28am, Monday, 08'th Jun 2026
Micron Technology Inc. (NASDAQ:MU) stock rebounded in premarket trading Monday after a sharp selloff at the end of last week, as improving risk appetite lifted growth-oriented technology stocks.
AI chip stocks surged last month, and Micron was a huge winner. Investment firms raised their price targets for the stock.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang, speaking from South Korea tonight after Friday's brutal chip sell-off, told investors that “AI-related stocks are very cheap right now.
Micron and Sandisk are thriving from the memory chip shortage. CoreWeave will see monster growth over the next few years as more data centers come online.
Micron is thriving from the memory chip shortage. It may be years before its business returns to normal.

USD Implodes 17% And June 8th Could Be Worse

01:22pm, Sunday, 07'th Jun 2026
A 2x leveraged semiconductor ETF will eventually give you a day like June 5, 2026.
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