Inside the cluttered, silent flat at Wang Fuk Court, time seems to stand still. On the bathroom door, a calendar remains frozen on the page of November 2025 – the month a deadly fire broke out at the Tai Po estate in Hong Kong. On what was believed to be their final visit to the undamaged flat, resident Joe* and his wife Annie* took photos of every room. Each room reeked of a mixture of sweat and ...
Inside the cluttered, silent flat at Wang Fuk Court, time seems to stand still. On the bathroom door, a calendar remains frozen on the page of November 2025 – the month a deadly fire broke out at the Tai Po estate in Hong Kong. On what was believed to be their final visit to the undamaged flat, resident Joe* and his wife Annie* took photos of every room. Each room reeked of a mixture of sweat and mould. Ants crawled across dusty kitchen walls. A foul stench wafted out the moment the freezer was cracked open. Outside the window, vacant charred towers stood eerily under the sun amid the debris. Advertisement Before making his final trip down the stairs with the last of his belongings, Joe pressed the lift button in the lobby of the floor a few times, although it no longer worked. “There will never be another chance of pressing this button again,” he said, in a T-shirt soaked with sweat, casting one last glance at his home for more than 40 years. Advertisement “Farewell, Wang Fuk Court.”
GitHub Copilot 创始工程师 Neel Sundaresan 正在构建 IBM Bob——一款智能编码工具,目前已有 8 万名 IBM 开发者在使用。 Neel Sundaresan 回避了三个问题,其中一个是 “IBM Bob 为什么取名叫 Bob”。 这种回避本身就耐人寻味。Sundaresan 现任 IBM 软件部自动化与 AI 总经理,也是微软 GitHub Copilot 创...
GitHub Copilot 创始工程师 Neel Sundaresan 正在构建 IBM Bob——一款智能编码工具,目前已有 8 万名 IBM 开发者在使用。 Neel Sundaresan 回避了三个问题,其中一个是 “IBM Bob 为什么取名叫 Bob”。 这种回避本身就耐人寻味。Sundaresan 现任 IBM 软件部自动化与 AI 总经理,也是微软 GitHub Copilot 创始工程师,早年还曾担任 IBM 研究员,并不是一个擅长做产品营销的人。他是研究员出身,后来成为产品构建者,再后来成为高管,贯穿这三个角色的始终都是同一个执念:究竟是什么在阻碍软件开发者提高效率,又该如何消除这些障碍? 他从 2000 年就开始研究这个问题,远早于 Transformer 架构和大语言模型的问世,也远早于 AI 与开发者工具被主流技术圈关联在一起。从那时候起,到已在 IBM 内部为 8 万用户提供服务的 IBM Bob 正式发布,这条探索之路远比发布会新闻稿所呈现的要漫长得多。 在无人关注的时候开始 Sundaresan 为提升开发者效率所搭建的第一个系统和如今我们熟知的 AI 编码工具截然不同。那是一个 API 调用推荐系统。 “开发者有 30% 的代码都是 API 调用,”他在接受《The New Stack》深度访谈时表示。“当你在一个类名后面按下点号,就会弹出一长串可供调用的函数,你得从中挑选一个。这本身就是一个效率损耗点。” 目标并不是生成代码,而是在恰当的时机给出正确的函数调用,本质上是开发者代码自动补全场景的搜索排序问题。 当时的模型不是 Transformer,甚至从现在的定义来看,也不是深度学习模型。但他表示,开发者们很喜欢这个工具。这个早期的启示——在开发流程里某个细微的环节降低使用阻力就能收获超乎预期的用户满意度——直到如今,仍在影响着 Sundaresan 对这类问题的思考逻辑。 “编码是一项分析性工作,和网购不一样,”他说。“如果系统给出了错误的推荐,或是给出会干扰我思路的推荐,那就有问题了。” 他认为,用户体验和底层 AI 的实现逻辑是两个相互独立、互不干扰的问题。即便模型性能再好,如果表层产品体验设计出现偏差,整体产品体验也会大打折扣。 他见证了模型领域的演进:长短期记忆网络(LSTM)、早期的编码器解码器架构、谷歌的 Trans...
Nancy Ostertag/Getty Images Entertainment It ain't over 'til it's over - Yogi Berra Introduction Yogi Berra quotes might be the artifact I enjoy the most of American culture (and trust me, for a Brit, I'm more enthralled with American culture than most) . As I type this, S&P 500 futures ( SPY ) ( SPX ) are trading up 0.9%, well on their way to opening at an all time high tomorrow if the trend is m...
Nancy Ostertag/Getty Images Entertainment It ain't over 'til it's over - Yogi Berra Introduction Yogi Berra quotes might be the artifact I enjoy the most of American culture (and trust me, for a Brit, I'm more enthralled with American culture than most) . As I type this, S&P 500 futures ( SPY ) ( SPX ) are trading up 0.9%, well on their way to opening at an all time high tomorrow if the trend is maintained. Oil is down 6%, as the market is anticipating the announcement of some form of deal between the US and Iran, while the stock market remains closed for Memorial Day. In 1973, everyone had written off the Mets' chances of making it to the World Series, when Yogi Berra muttered the words "it ain't over 'til it's over". Today, it seems, everyone is eager to write off the US-Iran conflict, as hopes of a deal are buoying markets to ever higher levels. On Saturday, Trump went on Truth Social to announce to the world that some agreement has been "largely negotiated, subject to finalization" with Iran. Iran also said that both countries had entered a final stage of a "memorandum of understanding". A US senior official said the deal was 95% done, with signing still a few days from now. Then, as we have now come to expect, Trump dialed everything back on Sunday, saying that he had told his negotiators that there was no need to rush to a deal and that the blockade would remain "in full force and effect until an agreement is reached, certified, and signed" . He further added that "both sides must take their time". The market seemed to pick up on Saturday's news, and fade Sundays. Iranian lawmaker Ibrahim Rezaei, spokesperson of Iran's commission on national security and foreign policy said : Do not believe the bluff of the failed president; time is against the Americans. If they want an agreement, they should negotiate; if they want $6 gas, they should stand firm and bluff until the grass grows under their feet. Iran does not bow to force or threats Their Foreign Ministry spo...
The commercial space sector has crossed into recurring commercial revenue at scale. SpaceX’s Starlink unit is now throwing off subscription cash flow at a scale that supports an IPO pipeline being shepherded by Bank of America as lead underwriter. Pure-play satellite operators are booking recurring service revenue rather than one-off launch fees. Even prime defense ... The Commercial Space Economy...
The commercial space sector has crossed into recurring commercial revenue at scale. SpaceX’s Starlink unit is now throwing off subscription cash flow at a scale that supports an IPO pipeline being shepherded by Bank of America as lead underwriter. Pure-play satellite operators are booking recurring service revenue rather than one-off launch fees. Even prime defense ... The Commercial Space Economy Just Crossed a Real Revenue Threshold and After Following This Industry for Years These Are the 3 E
Van Cleef Asset Management Inc acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,600 shares of the chip maker's stock, valued at approximately $207,000. Several other institutional investors and hedge funds have also added to or reduced their stake...
Van Cleef Asset Management Inc acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,600 shares of the chip maker's stock, valued at approximately $207,000. Several other institutional investors and hedge funds have also added to or reduced their stakes in INTC. Sivia Capital Partners LLC lifted its stake in Intel by 271.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after purchasing an additional 25,001 shares during the last quarter. United Bank bought a new position in Intel in the 2nd quarter valued at approximately $205,000. Gamco Investors INC. ET AL lifted its stake in Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock valued at $308,000 after purchasing an additional 1,508 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock valued at $3,545,000 after purchasing an additional 36,116 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Intel by 9.9% in the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock valued at $18,556,000 after purchasing an additional 74,838 shares during the last quarter. Institutional investors own 64.53% of the company's stock. Get Intel alerts: Sign Up Insider Buying and Selling at Intel In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of...
Intel Foundry is leading the race towards Glass Substrates with its Rio Rancho facility, aiming to become the world's first to initiate mass production. Glass Substrates Are The Future of Semiconductors & Intel Foundry is Well on Its Way To Become The First To Initiate Mass Production Glass Core substrates have been gaining interest, as they have several benefits over traditional organic substrate...
Intel Foundry is leading the race towards Glass Substrates with its Rio Rancho facility, aiming to become the world's first to initiate mass production. Glass Substrates Are The Future of Semiconductors & Intel Foundry is Well on Its Way To Become The First To Initiate Mass Production Glass Core substrates have been gaining interest, as they have several benefits over traditional organic substrate solutions. The current substrates are also facing shortages due to the AI supercycle, leading one of the biggest substrate suppliers, Ajinomoto, to raise prices. These supply constraints are pushing the industry to look into new advanced packaging solutions, and that's where Glass substrates come in. Announced back in 2023, Intel's Glass Substrates not only help reduce warpage issues but also provide a significant increase in densities and interconnect capabilities. Earlier this year, Intel showcased its first "Glass Core" substrate with EMIB Advanced packaging, and since then, the company has been drawing interest for the tech from major firms such as Apple and Tesla. Both of these companies have already partnered with Intel to leverage Chipzilla's advanced process technologies, such as 18A-P and 14A. Since then, Intel partners have backed the development of glass substrates aggressively. Amkor's lead engineer recently said that Glass Substrates will be ready for commercialization within three years. And it looks like we already have a hint at where the first Glass Substrates will be made. Intel CEO Pat Gelsinger holds up a glass carrier wafer with silicon photonic integrated circuits die stacks. Gelsinger displayed the wafer on Tuesday, Sept. 19, 2023, at Intel Innovation in San Jose, California. (Credit: Intel Corporation) As per Forbes, Intel's Rio Rancho fab, based in New Mexico, is manufacturing silicon photonics for external customers. Silicon Photonics and Co-Packaged Optics are set to reshape the data center segment, adding faster interconnects that replace relian...
Huawei Technologies Co. said it has come up with a new pathway to shorten its gap with industry leader Taiwan Semiconductor Manufacturing Co., potentially achieving a breakthrough in making advanced semiconductors without cutting-edge equipment. Right now there is about a five-year gap between what TSMC is capable of and what Huawei together with its manufacturing partner Semiconductor Manufacturi...
Huawei Technologies Co. said it has come up with a new pathway to shorten its gap with industry leader Taiwan Semiconductor Manufacturing Co., potentially achieving a breakthrough in making advanced semiconductors without cutting-edge equipment. Right now there is about a five-year gap between what TSMC is capable of and what Huawei together with its manufacturing partner Semiconductor Manufacturing International Corp. can produce. Huawei will start making 1.4-nanometer chips by 2031 with its own “LogicFolding” technology, Huawei’s semiconductor chief He Tingbo said in a rare public appearance during a chip conference on Monday, while TSMC has said that it will begin mass production of the same product in 2028. The executive said that her team has found a way for “sustainable evolution.” She told reporters after her speech on Monday that Huawei can advance its chipmaking prowess significantly without the use of Dutch supplier ASML Holding NV’s extreme ultraviolet lithography machines, widely considered as essential for production of cutting-edge semiconductors that China doesn’t have access to. He added that the Kirin mobile chips to be launched this fall will be the first to adopt the LogicFolding architecture, which helps boost performance of a chip by increasing the number of transistors it carries and optimizing data transmission speed. “This year we have prepared a surprise for the whole industry. Not saturation, not continuation, but a big leap ahead,” she said. The Star 50 Index in Shanghai, which includes several major Chinese chip firms, rose to a record after He’s announcement on Monday. Shares of SMIC rose more than 18% while foundry peer Hua Hong Semiconductor Ltd. surged by the daily limit of 20%. If Huawei can manage to make 1.4nm semiconductors in large quantities, it means it’s defying the industry consensus that ASML’s EUV lithography machines are necessary to mass-produce chips that are 5nm or more advanced. Such semiconductors are used to power th...
BASF SE BASFY has strengthened its refinery catalyst innovation capabilities by opening a new state-of-the-art research and development center in Attapulgus, GA, at the company’s largest global refinery catalyst production site. The new facility is designed to accelerate the development and commercialization of next-generation refinery catalyst technologies, with a focus on Fluid Catalytic Crackin...
BASF SE BASFY has strengthened its refinery catalyst innovation capabilities by opening a new state-of-the-art research and development center in Attapulgus, GA, at the company’s largest global refinery catalyst production site. The new facility is designed to accelerate the development and commercialization of next-generation refinery catalyst technologies, with a focus on Fluid Catalytic Cracking (FCC) catalysts. The strategic co-location of the R&D center alongside BASF’s manufacturing operations is expected to enhance collaboration between research scientists, process engineers and production teams. By integrating laboratory development with large-scale production operations, BASF aims to shorten innovation cycles, improve pilot testing efficiency and accelerate the commercialization of advanced catalyst solutions for refining customers worldwide. The facility will primarily focus on applied research and advanced FCC catalyst testing. FCC technology is a critical refining process that uses catalysts and heat to convert heavy crude oil fractions and alternative feedstocks into lighter, higher-value products such as gasoline, liquefied petroleum gas (LPG) and olefins. BASF mentioned the new center will support the development of catalyst technologies that improve refinery efficiency, enhance product yields and boost operational profitability for customers. The R&D center also houses advanced quality assurance and quality control laboratories, enhancing BASF’s operational and analytical capabilities. By locating research activities directly at the production site, BASFY said scientists and engineers can work under real-world manufacturing conditions, enabling faster customization of catalyst solutions based on customer needs. The Attapulgus facility will operate as an extension of BASF’s global R&D Verbund network, using advanced digital tools and worldwide expertise to develop innovative refinery catalyst technologies. BASF noted that advanced FCC technologies can...
Deejpilot/E+ via Getty Images SEGRO ( SEGXF ) delivered solid results for fiscal year 2025. This led shares to start trending toward their over GBP 9, or about $12 per share net asset value (NAV). This was the situation the last time we wrote about the company. A few things have changed since then. The most important thing is that external factors knocked the recovery off course. These include a m...
Deejpilot/E+ via Getty Images SEGRO ( SEGXF ) delivered solid results for fiscal year 2025. This led shares to start trending toward their over GBP 9, or about $12 per share net asset value (NAV). This was the situation the last time we wrote about the company. A few things have changed since then. The most important thing is that external factors knocked the recovery off course. These include a more unstable political environment in the UK, and resurging inflation due to the ongoing Middle East conflict causing gilt yields to rise significantly. SEGRO also put out its Q1 trading update . SEGRO does two in-detail updates every year, with their half-year and full-year results. The trading updates tend to include fewer details. Still, SEGRO's Q1 trading update confirmed fundamentals remain solid, with GBP 23 million of new headline rent contracted, of which GBP 12 million is from new developments. Another detail worth highlighting is that SEGRO completed GBP 106 million of disposals above book value. The biggest change since our last article, though, is that shares are once again trading at a substantial discount to NAV. SEGRO's share price is heavily influenced by UK gilt rates. With the ten-year gilt recently reaching levels last seen around 2008, it is no surprise SEGRO's stock has been under pressure. What the market seems to be overlooking is that SEGRO owns real assets, and its dividend growth has been outpacing UK inflation. SEGRO's many properties in excellent locations, where new development is difficult, give it strong pricing power. This has been evident in the strong renewal leasing spreads while maintaining a very healthy occupancy of close to 95%. Despite a less-than-ideal economic environment in 2025, SEGRO delivered adjusted EPS growth of 6.1%; when adding the over 4% dividend yield, that puts total returns comfortably over 10%, assuming an unchanged valuation multiple. This is why we see the share price weakness caused by the gilt selloff as creating ...
Key Points Hilton Capital Management sold 478,741 shares of GPIX during Q1 2026 -- with an estimated transaction value of $25.0 million. After the sale, Hilton's remaining stake in GPIX stood at 282,772 shares, valued at $14.2 million. As of March 31, 2026, GPIX represents 1.1% of Hilton Capital's 13F-reported assets under management (AUM), placing it outside the firm's top five holdings 10 stocks...
Key Points Hilton Capital Management sold 478,741 shares of GPIX during Q1 2026 -- with an estimated transaction value of $25.0 million. After the sale, Hilton's remaining stake in GPIX stood at 282,772 shares, valued at $14.2 million. As of March 31, 2026, GPIX represents 1.1% of Hilton Capital's 13F-reported assets under management (AUM), placing it outside the firm's top five holdings 10 stocks we like better than Goldman Sachs ETF Trust - Goldman Sachs S&P 500 Premium Income ETF › What happened In a recent SEC filing, Hilton Capital Management, LLC, disclosed the sale of 478,741 shares of the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX) during the first quarter of 2026. The estimated transaction value was $25.0 million, calculated using the quarter’s average closing price. The fund's quarter-end GPIX position value decreased by $26.1 million -- reflecting both the shares sold and GPIX’s price movement during the quarter. What else to know The GPIX position accounts for 1.1% of Hilton Capital Management, LLC's 13F AUM after the sale. Top holdings after the filing: NYSE: SGOV: $157.4 million (11.9% of AUM) NASDAQ: VCIT: $87.7 million (6.6% of AUM) NASDAQ: VCSH: $82.8 million (6.3% of AUM) NASDAQ: JEPQ: $60.3 million (4.6% of AUM) NYSE: JPIE: $44.7 million (3.4% of AUM) As of May 22, 2026, GPIX shares were trading at $55.46, up about 27% over the past year -- trailing the S&P 500 by roughly 1.2 percentage points, while outperforming its Derivative Income category benchmark by roughly 2.6 percentage points. ETF overview Metric Value AUM $3.7 billion Expense ratio 0.29% Distribution yield (trailing 12 months) 8.00% 1-year return (as of 5/22/26) 26.74% ETF snapshot The Goldman Sachs S&P 500 Premium Income ETF (GPIX) is designed to generate current income while maintaining the potential for capital appreciation, primarily through a premium income approach linked to the S&P 500 Index. Sells options on S&P 500 equities to generate premium income, combining equi...
If you're planning to retire in 2030, you may already be picturing a time when you don't have to report to work every day. But the glorious retirement you've earned is going to cost money. And while Social Security might help pick up some of the slack, it's important to make sure your 401(k) is set up to serve your needs. Here are a few key moves to make with your 401(k) if you're planning to reti...
If you're planning to retire in 2030, you may already be picturing a time when you don't have to report to work every day. But the glorious retirement you've earned is going to cost money. And while Social Security might help pick up some of the slack, it's important to make sure your 401(k) is set up to serve your needs. Here are a few key moves to make with your 401(k) if you're planning to retire in under five years. 1. Reassess your investment risk At some point, you were probably told to invest your 401(k) aggressively for retirement to grow your money. And whoever told you that gave you good advice in your 20s, 30s, 40s, and maybe even 50s, depending on your retirement timeline. But now that you're getting a lot closer to that milestone, it's important to reassess your portfolio. Going heavy on stocks makes sense when retirement is far off. But as it gets closer, it's important to shift, at least partially, into less volatile investments. To be clear, you don't want your 401(k) to be devoid of stocks in retirement. But a more balanced mix of stocks and bonds could give you the best of both worlds -- ongoing growth and steady income without undue risk. Now if you have your 401(k) invested in a target date fund, you may not need to make any portfolio moves in the coming years. That's because these funds are specifically designed to adjust your risk profile as retirement nears. But if you're loaded up on stock-focused index funds you chose yourself, it's probably time to rebalance. 2. Estimate how much income your 401(k) can actually produce If you've been funding your 401(k) steadily for many years, you may be sitting on a nice balance as retirement gets closer. But while the number might look impressive on screen, it's important to break it down into annual income so you get a sense of what lifestyle you can afford. To do that, you'll need to land on a withdrawal rate. You could use the popular 4% rule or pick another rate you feel more comfortable with. From t...
Key Points Make sure your investments are age-appropriate. Figure out how much income your 401(k) will give you. Know how you'll handle taxes once withdrawals start. The $23,760 Social Security bonus most retirees completely overlook › If you're planning to retire in 2030, you may already be picturing a time when you don't have to report to work every day. But the glorious retirement you've earned...
Key Points Make sure your investments are age-appropriate. Figure out how much income your 401(k) will give you. Know how you'll handle taxes once withdrawals start. The $23,760 Social Security bonus most retirees completely overlook › If you're planning to retire in 2030, you may already be picturing a time when you don't have to report to work every day. But the glorious retirement you've earned is going to cost money. And while Social Security might help pick up some of the slack, it's important to make sure your 401(k) is set up to serve your needs. Here are a few key moves to make with your 401(k) if you're planning to retire in under five years. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Reassess your investment risk At some point, you were probably told to invest your 401(k) aggressively for retirement to grow your money. And whoever told you that gave you good advice in your 20s, 30s, 40s, and maybe even 50s, depending on your retirement timeline. But now that you're getting a lot closer to that milestone, it's important to reassess your portfolio. Going heavy on stocks makes sense when retirement is far off. But as it gets closer, it's important to shift, at least partially, into less volatile investments. To be clear, you don't want your 401(k) to be devoid of stocks in retirement. But a more balanced mix of stocks and bonds could give you the best of both worlds -- ongoing growth and steady income without undue risk. Now if you have your 401(k) invested in a target date fund, you may not need to make any portfolio moves in the coming years. That's because these funds are specifically designed to adjust your risk profile as retirement nears. But if you're loaded up on stock-focused index funds you chose yourself, it's probably time to rebalance. 2. Estimate how much income your 4...
Denis Linine/iStock Editorial via Getty Images Generally speaking, I'm interested in investing in quality telecommunication providers. The only time when I am not that "into it" is when the companies are overly risky, overvalued, or have some other characteristics that make them not that qualitative to invest in or unlikely to generate market-beating rates of return. In my investing across Europe,...
Denis Linine/iStock Editorial via Getty Images Generally speaking, I'm interested in investing in quality telecommunication providers. The only time when I am not that "into it" is when the companies are overly risky, overvalued, or have some other characteristics that make them not that qualitative to invest in or unlikely to generate market-beating rates of return. In my investing across Europe, I have invested in telecommunications providers in most of Europe, barring two countries. And that includes countries like Sweden, Norway, Denmark, Finland, the UK, Germany, France, Spain, Portugal, BeNeLux, and others. The two countries I, for the time being, have stayed out of when it comes to telco investing are Italy and Switzerland. However, the reasons that I have elected to stay out of them are quite different. For Italy, it's about the relative safety of the companies involved. For reasons I described in some of my articles on Italian telecom companies, I view the entire market as incorrectly structured, and the companies are in a very poor position to make money, or "generate alpha". For Switzerland, the reasons are far simpler - I simply don't think that most of them are positioned either in earnings or in profit to make any significant money, by which I mean a growth in earnings. In this article, I'll be using Swisscom AG ( SCMWY ) to exemplify this challenge. Swisscom AG is a Swiss-based telco with a market capitalization in excess of 35B CHF at the time of writing this article. At first glance, everything about this company seems to be good. The company has yielded about 3.8%, which is good enough for a telco, especially considering how high the company is trading. It's A-rated, which is very solid, and it has relatively low debt, which, given the investment strain that most of these companies are under, is quite excellent as well. So, what's the problem with Swisscom? Why is the company that is fundamentally so solid not actually generating 20-year positive A...
Micron Technology (NASDAQ:MU) CEO Sanjay Mehrotra used a Bloomberg interview from the company’s Manassas, Virginia, plant on May 22, 2026, to deliver a message that reframes the memory cycle for investors: this is a structural shortage. “We see this shortage continuing beyond, well beyond 2026 timeframe,” he said, adding that Micron “are able to meet ... Micron’s 50% Problem: Why Having Too Few Mi...
Micron Technology (NASDAQ:MU) CEO Sanjay Mehrotra used a Bloomberg interview from the company’s Manassas, Virginia, plant on May 22, 2026, to deliver a message that reframes the memory cycle for investors: this is a structural shortage. “We see this shortage continuing beyond, well beyond 2026 timeframe,” he said, adding that Micron “are able to meet ... Micron’s 50% Problem: Why Having Too Few Microchips is Making Investors Rich
Quick Read Micron (MU) reported Q2 2026 revenue of $23.86B and EPS of $12.20, crushing guidance, as its Cloud Memory Business Unit generated $5.284B in revenue at a 66% gross margin while the company can only meet 50-67% of customer demand for HBM and DRAM chips. CEO Sanjay Mehrotra announced a $200B investment to expand US production capacity across three facilities, targeting 40% domestic manufa...
Quick Read Micron (MU) reported Q2 2026 revenue of $23.86B and EPS of $12.20, crushing guidance, as its Cloud Memory Business Unit generated $5.284B in revenue at a 66% gross margin while the company can only meet 50-67% of customer demand for HBM and DRAM chips. CEO Sanjay Mehrotra announced a $200B investment to expand US production capacity across three facilities, targeting 40% domestic manufacturing by 2036 and creating 90,000 high-paying jobs. Micron claims the memory chip shortage is structural, not cyclical, because meaningful new industry supply doesn’t arrive until 2028, giving the company two more years of pricing power before capacity additions from competitors begin ramping production. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn't one of them. Get them here FREE. Micron Technology (NASDAQ:MU) CEO Sanjay Mehrotra used a Bloomberg interview from the company's Manassas, Virginia, plant on May 22, 2026, to deliver a message that reframes the memory cycle for investors: this is a structural shortage. "We see this shortage continuing beyond, well beyond 2026 timeframe," he said, adding that Micron "are able to meet the demand of our key customers only about 50% to about two thirds in many cases." For an industry conditioned by boom-bust pricing, that is the most important data point of the year. Why "well beyond 2026" matters now Micron is the only US-based memory manufacturer, and Mehrotra is now making the case that the supply gap will outlast the current calendar cycle. He framed memory as foundational to AI: "Memory is a strategic asset for AI across consumer as well as data center industries. Because without memory, you don't really have that intelligence that is critically important." The supply math is the crux of the call. Mehrotra said, "Meaningful new supply in the industry doesn't really start ramping until 2028 timeframe because at Boise, Idaho, fab will have first wafers out middle of next year an...