The post Micron Data Center Margins Hit Record 87% in Q3 2026 appeared on BitcoinEthereumNews.com.
Micron Technology’s data center margins just hit a level that most software companies would envy. The chipmaker posted an 87% gross margin for its data center business in fiscal Q3 2026 — a 12 percentage-point jump from the prior quarter — signaling that the AI memory boom isn’t just a demand story anymore. It’s a pricing power story, and Micron is sitting at the center of it. Key takeaways Micron’s Compute and Data Center Business Unit hit an 87% gross margin in fiscal Q3 2026, up 12 percentage points quarter-over-quarter. The unit generated over $25 billion in quarterly revenue, placing it on an annualized run rate north of $100 billion. Micron has locked in 16 strategic customer agreements backed by roughly $22 billion in cash deposits, securing future supply commitments. Tight HBM supply is rippling into crypto infrastructure costs, particularly for compute-heavy operations like Ether
The post Why Bitwise Says CLARITY Act Passage Marks the Bear Market Bottom appeared on BitcoinEthereumNews.com.
Bitwise named the CLARITY Act as one of the key catalysts for crypto markets in the third quarter, saying its passage could likely mark the bottom of the current bear market. The asset manager laid out four catalysts in its Q3 2026 report. It added that this quarter is make-or-break for the market structure bill. Why the CLARITY Act Tops Bitwise’s Q3 List The CLARITY Act has been one of the most-watched bills for the crypto sector. However, it has faced key hurdles, with two issues now stalling its progress. First, ethics provisions tied to the president’s family’s crypto interests have become a sticking point. Section 604, which shields non-custodial developers from money transmitter rules, has also drawn contested debate among lawmakers and law enforcement groups. Prediction markets put the odds of the bill passing in 2026 near 40%. That figure has fallen sharply from 75% i
Micron's robust margins highlight sustained demand in AI and crypto sectors, suggesting prolonged pricing power and strategic positioning advantages.
The post Micron Technology reports data center gross margin of 87% last quarter appeared first on Crypto Briefing.
The post Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative appeared on BitcoinEthereumNews.com.
Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/micron-technology-mu-stock-surges-on-3-billion-domestic-chip-supply-initiative/
EQT's acquisition highlights the growing demand for sustainable energy in data centers, but risks of overbuilding could impact future returns.
The post Carlyle sells $2.6B data center power unit to EQT for fivefold return appeared first on Crypto Briefing.
The post What is going on with the global AI chip market right now? appeared on BitcoinEthereumNews.com.
Chipmakers are racing to meet soaring demand driven by the AI boom, reshaping manufacturing, prices, and investment plans. Micron Technology said it will invest more than $250 billion in its US operations by 2035 to expand memory chip production. The investment, up from the $200 billion announced last year, reflects strong AI demand and President Donald Trump’s push to boost domestic chip manufacturing. A large portion of the funding is being used on a semiconductor campus in New York, which Micron claims is operating more than 25% ahead of schedule. The buildout is anticipated to generate over 90,000 jobs nationwide when combined with expansion at its sites in Virginia and Idaho. The Trump administration has made bringing chip production domestically a top priority in an effort to reduce the United States’ reliance on foreign chip manufacturers, boost the country’s economy, and mai
The post SK Hynix’s Nasdaq Debut Opens Wall Street’s Door to the AI Memory Boom appeared on BitcoinEthereumNews.com.
Key highlights: SK Hynix is set to begin trading on Nasdaq under the ticker SKHY on Friday (July 10), giving U.S. investors direct exposure to the AI memory market The company is the leading supplier of high-bandwidth memory (HBM) chips used in Nvidia’s AI accelerators SK Hynix plans to raise approximately $29 billion while investing hundreds of billions of dollars into global AI infrastructure expansion South Korean semiconductor giant SK Hynix is preparing for its highly anticipated Nasdaq debut on Friday, July 10, giving U.S. investors a new way to gain exposure to one of the biggest winners of the artificial intelligence boom. While Nvidia has become the face of AI infrastructure, many of the industry’s most critical components come from suppliers operating behind the scenes. Among them, SK Hynix has emerged as one of the most important. The company is now the world’
Micron's US manufacturing expansion reduces supply chain risks, boosts domestic job creation, and strengthens the American tech ecosystem.
The post Micron Technology’s stock surges on multibillion-dollar US manufacturing push appeared first on Crypto Briefing.
TeraWulf's pivot to AI infrastructure highlights a broader trend of crypto firms diversifying to stabilize revenue amid market volatility.
The post TeraWulf eyes $4B for Anthropic-leased data center as Bitcoin miner pivots to AI appeared first on Crypto Briefing.
