The post Analyst issues new Micron (MU) stock price target appeared on BitcoinEthereumNews.com.
Bank of America (BofA) raised its price target on Micron (NASDAQ: MU) from $500 to $950 on Wednesday, May 13, while reiterating a ‘Buy’ rating, just as the stock surged 140% year-to-date. Analyst Vivek Arya expects memory demand to continue outpacing supply as artificial intelligence (AI) driven workloads expand, arguing that the supply-demand sufficiency ratio is unlikely to rise above 110%. “Despite recent runs in memory stocks, we expect memory demand to continue outgrowing supply driven by Al…. Accordingly, we raise MU estimates and PO to $950 from $500 on a much stronger mid-term pricing outlook,” Arya wrote. Furthermore, the bank highlighted “structurally lower supply elasticity” in the memory market, adding that it expects memory manufacturers to outperform equipment suppliers over the medium term. Micron can compete with other AI companies Pushing the bullish narrative further, the a
AI's integration into money laundering operations significantly amplifies the scale and complexity of financial crimes, challenging regulatory frameworks.
The post Australian watchdog warns of AI’s role in escalating money laundering appeared first on Crypto Briefing.
BETHESDA, Md., May 13, 2026 — Employees across most organizations are using AI tools faster than their security teams can write policy for them. Sensitive data is moving into public […]
The post SANS Institute Releases AI Security Maturity Model to Close the Gap Between Adoption and Governance appeared first on AIwire.
New solution gives organizations a centralized view of AI usage, costs, and governance across tools, models, and teams NEW YORK, May 13, 2026 — Torii has announced the launch of […]
The post Torii Launches AI Management Platform to Help Enterprises Control AI Spend and Shadow AI Risk appeared first on AIwire.
Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job security
A court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.
The worker, whose surname is Zhou, joined a tech company in the eastern city of Hangzhou in 2022 to work as a quality assurance supervisor overseeing large language models used in AI products.
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The post PANW analysis: Elliott Wave forecasting bullish sequence above $300 appeared on BitcoinEthereumNews.com.
PANW has maintained a very strong bullish sequence from the June 2013 low. The strong 5-wave sequence appears to be in the final lap. While the 5th wave could extend to prices above $300, how could traders take advantage? Palo Alto Networks (NASDAQ: PANW) is a global cybersecurity leader providing advanced network security, cloud protection, and AI-driven threat detection solutions for enterprises and governments worldwide. The company helps organizations secure digital operations across cloud, hybrid, and on-premise environments through its integrated platforms and automation tools. PANW has remained one of the strongest names in the cybersecurity sector. PANW Elliott Wave analysis – Weekly chart The weekly chart above displays a robust impulse wave sequence originating from the June 2013 low. Following this, wave I concluded at the July 2015 high. Subsequently, a 7-swing
The post Bitcoin Holds $81K as Schwab Opens BTC Trading, Square Hits 1M Merchants and MARA Sells $1.5B appeared on BitcoinEthereumNews.com.
Bitcoin News Maelstrom chief investment officer Arthur Hayes argues that escalating AI capital expenditure and the ongoing Iran conflict will force both Washington and Beijing into accelerated fiat issuance, setting up a powerful tailwind for Bitcoin. In a fresh commentary, he frames the AI race as a national security imperative that politicians will fund through printed money and bank loans, calling the combination a perfect environment for crypto. Hayes maintains that a return to the prior all-time high and a $126,000 target is a foregone conclusion, citing BTC’s roughly 31% rebound from its February low near $62,822 and its outperformance versus gold and US tech equities since late February. Charles Schwab has switched on its long-awaited Schwab Crypto platform, opening direct bitcoin and ether trading to its first wave of eligible retail client
The summit could redefine global tech and energy markets, impacting AI, crypto, and digital currencies, with ripple effects on global trade.
The post Donald Trump to meet Xi Jinping Thursday for high-stakes summit in Beijing appeared first on Crypto Briefing.