The chip and memory stock frenzy

Paris-based chipmaker Sequans Communications has fully exited its bitcoin treasury, selling roughly 80% of its holdings to repay convertible debt and returning its full focus to semiconductors. Sequans Communications, the Paris-listed chipmaker, announced Thursday the completion of all convertible debt…

South Korea's export growth highlights the pivotal role of semiconductors in global trade, signaling robust AI infrastructure investment trends. The post South Korea exports set to rise for 12th straight month as chip boom reshapes global trade appeared first on Crypto Briefing.

Micron's market cap milestone reflects a shift in investor perception, highlighting memory's critical role in the AI-driven tech landscape. The post Micron Technology hits $1T market cap after record rally appeared first on Crypto Briefing.

Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club Business live – latest updates Employees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits. Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal. Continue reading...

Hedge fund clients are selling out of semiconductor and equipment stocks even as technology shares climb to record highs, according to Goldman Sachs Prime Services. The semiconductors and related equipment subsector is the most net-sold U.S. subsector over the past month and is now modestly net sold on a year-to-date basis, Goldman Sachs Global Banking […] The post Despite Tech Stock Rally, Hedge Fund Clients Are Taking Profits in One Related Sector: Goldman Sachs appeared first on The Daily Hodl.

China's industrial profit surge highlights a shift towards tech-driven growth, emphasizing the strategic importance of AI and semiconductors. The post China’s industrial profits surge 24.7% in April amid AI demand and oil prices appeared first on Crypto Briefing.

Micron's $1T milestone highlights the growing importance of AI-driven memory demand, but fierce competition could impact future market dynamics. The post Micron closes above $1T in market value for first time appeared first on Crypto Briefing.

Bitmine's Tom Lee says the firm could be considered for the Russell 1000, and its stock may get a boost from active and passive fund managers.