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08:12
Micron Stock Plunges 13% on Eve of Earnings Report, Can the AI Bull Market Continue?
BlockBeats News, June 24th. The US stock market AI industry chain is facing a key test. Global storage chip leader Micron Technology (MU) will release its financial report after the market closes today. On the eve of the financial report release, its stock price has pulled back over 13% from its recent high, attracting market attention to the future trend of the AI sector. Market analysis believes that this adjustment is not due to Micron's own performance slump, but is influenced by the global semiconductor sector downturn. Recently, leading storage chip companies such as SK Hynix and Samsung Electronics have been under continuous pressure, leading the market to worry that the previous sharp rise in the AI industry chain and high valuations may have prompted some funds to take profits ahead of the earnings report. At the same time, investors have shown some divergence on the future demand growth of High Bandwidth Memory (HBM) and industry supply-demand changes. As Micron is at the core of the AI server industry chain, its financial report is seen as a key litmus test for this round of AI investment frenzy. If it continues to signal strong demand for AI data centers, HBM supply shortages, and other positive signs, it may boost an exchange's industry chain and semiconductor sector sentiment. Conversely, it may trigger further market reassessment of AI sector valuations. As a global all-in-one multi-asset allocation platform, BiyaPay supports investment in the US stock market, Hong Kong stocks, digital assets, and other diverse markets, and provides commission-free trading for US stocks. Users can closely follow the dynamics of global tech leaders in real time and seize investment opportunities brought by the AI wave.
08:11
US stocks move: storage sector sees a slight rebound in pre-market trading, Micron Technology rises over 3%, market focuses on Micron’s post-market earnings
Glonghui, June 24 — U.S. storage concept stocks, which experienced a broad decline last night, collectively saw a slight rebound in pre-market trading today. Among them, Micron Technology rose by more than 3%, SanDisk rose by more than 2%, while Western Digital, Silicon Motion Technology, and Seagate Technology each rose by more than 1%. On the news front, the market is focusing on Micron Technology’s earnings report, which will be released after the close on Wednesday. This report is expected to provide key clues to determine whether demand for artificial intelligence infrastructure remains strong enough to support this year's rally.
08:11
B.AI is now officially integrated with imToken, supporting one-click login and quick top-up on the TRON chain.
ChainCatcher News, B.AI has officially integrated into the imToken wallet ecosystem. Users can access B.AI through the DApp browser built into the imToken App, enabling one-click login and fast top-up on the TRON chain, for seamless connection between Web3 identities and AI services. This integration further deepens the synergy between multi-chain wallets and artificial intelligence platforms, delivering a more efficient experience for AI conversations, content creation, code generation, and Agent applications.
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