Emerson ( EMR ) has signed a strategic agreement with Saudi Aramco ( ARMCO ) to co-develop next-generation, predictive corrosion management solutions that replace manual data collection with continuous digital monitoring. For Aramco, managing corrosion is a vital operational priority tied directly to safety, efficiency, and environmental responsibility. By replacing inefficient and hazardous manua...
Emerson ( EMR ) has signed a strategic agreement with Saudi Aramco ( ARMCO ) to co-develop next-generation, predictive corrosion management solutions that replace manual data collection with continuous digital monitoring. For Aramco, managing corrosion is a vital operational priority tied directly to safety, efficiency, and environmental responsibility. By replacing inefficient and hazardous manual measurements with Emerson’s advanced technology, including ultrasonic online monitoring, wireless connectivity, and real-time data analytics. The collaboration aims to provide a reliable, automated data stream for improved industrial decision-making. The research and development partnership will blend Aramco’s industry expertise and intellectual property with Emerson’s technology leadership to transform how corrosion is tracked in the energy sector. Ultimately, Emerson’s integrated automation platform delivers continuous, predictive insights on wall thickness and system vulnerabilities, allowing the energy industry to effectively mitigate risks, prevent costly unplanned downtime, and significantly boost overall production efficiency. More on Emerson Electric, Saudi Aramco: Emerson Electric Sees Long-Tailed Growth In The Electrification Megatrend Emerson Electric: Not An AI Infrastructure Company Emerson Electric Co. (EMR) Q2 2026 Earnings Call Transcript Emerson launches Synchros IIoT platform to expand wireless monitoring Emerson highlights emissions cuts, workplace metrics in sustainability report
Aluminum Supply Crisis Is About To Get Worse Aluminum prices in London are up nearly 17% since the onset of the U.S.-Iran conflict, as a growing chorus of top commodity desks, including Mercuria, Goldman, JPMorgan, and others, warn that the market is facing a major supply shock. That disruption, driven firstly by Middle East smelter outages and the Hormuz maritime chokepoint, is now colliding with...
Aluminum Supply Crisis Is About To Get Worse Aluminum prices in London are up nearly 17% since the onset of the U.S.-Iran conflict, as a growing chorus of top commodity desks, including Mercuria, Goldman, JPMorgan, and others, warn that the market is facing a major supply shock. That disruption, driven firstly by Middle East smelter outages and the Hormuz maritime chokepoint, is now colliding with new concerns that China may be forced to curtail output amid energy-use and emissions inspections, according to Bloomberg . More color from the report: Chinese authorities are now moving to rein in that over- production as inventories swell. A smelter in Baise, Guangxi province, has already cut output of molten aluminum, Mysteel wrote, without providing estimates of volumes affected. The steel and oil refining industries will also be targeted, the Ministry of Industry and Information Technology said in a statement on May 13. Building on production cut risks in China, as it is the world's biggest producer, there is another report from Bloomberg that Guinea, the world's largest bauxite producer, is preparing to limit exports of the ore, threatening flows to China's aluminum industry. Mines and Geology Minister Bouna Sylla told the outlet that the West African nation will dial back bauxite exports in June after a surge in exports sparked a price slump that the government wants to correct. "Supply mustn't exceed demand," Sylla said. "We want to regulate the quantity to raise prices back to reasonable levels." For context, most of Guinea's bauxite is loaded on bulk carriers and shipped to China, where it's first refined into alumina, then turned into the industrial metal aluminum. The complexity of the aluminum supply shock extends well beyond Gulf disruptions, as we outline in this note, which is why prices in London are trading around $3,673 a ton, the highest since March 2022. JPMorgan analysts recently warned that the industry is descending into a black hole , or a "metapho...
South Korea’s SK Hynix became just the third Asian company to join the $1 trillion club as a breakneck surge in memory-chip stocks and an AI frenzy reshapes economies worldwide. (Source: Bloomberg)
South Korea’s SK Hynix became just the third Asian company to join the $1 trillion club as a breakneck surge in memory-chip stocks and an AI frenzy reshapes economies worldwide. (Source: Bloomberg)
Micron Technology (MU +19.29%) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close to 850%. And one top Wall Street analyst thinks Micron has plenty of room to run. UBS Group (UBS +1.75%) analyst Timothy Arcuri raised his 12-month price target on Micron from $535 to $1,625 on Tuesday. His move sparked a huge rally for the tech stock. Bu...
Micron Technology (MU +19.29%) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close to 850%. And one top Wall Street analyst thinks Micron has plenty of room to run. UBS Group (UBS +1.75%) analyst Timothy Arcuri raised his 12-month price target on Micron from $535 to $1,625 on Tuesday. His move sparked a huge rally for the tech stock. But based on Arcuri's price target, Micron could still soar another 85%. Trade like Nvidia Arcuri is much more bullish about Micron for one primary reason: He likes the company's long-term agreements with customers. Micron now has enhanced agreements with fixed volume commitments from customers that range from three to five years. Such deals were practically unheard of in the past for memory chip companies, but the market dynamics have changed dramatically thanks to artificial intelligence (AI) demand. These long-term agreements provide significant visibility in demand for Micron over the next few years. They should also make the company's earnings less lumpy. Sure, Micron may give up some revenue over the near term with these deals, but Arcuri likes the trade-off. The UBS analyst based his $1,625 price target assuming that Micron would generate earnings per share of between $117 and $155 over the next three years. He also expects the stock to trade at around 15 times forward earnings. However, Arcuri believes that there's no reason why Micron shouldn't trade similarly to Nvidia (NVDA 0.38%), which currently sports a forward price-to-earnings multiple of around 24.5. CNBC reported Arcuri as stating, "The market will start to put a more 'normal' multiple on the stock and MU will continue to rerate higher." UBS isn't the only Wall Street firm that has become more bullish about Micron in recent days. Citigroup (C +1.42%) nearly doubled its price target on the stock last week. However, analysts are having trouble keeping up with Micron's rapid gains. Citi's target of $840 is alre...
Micron Technology (NASDAQ: MU) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close to 850%. And one top Wall Street analyst thinks Micron has plenty of room to run. UBS Group (NYSE: UBS) analyst Timothy Arcuri raised his 12-month price target on Micron from $535 to $1,625 on Tuesday. His move sparked a huge rally for the tech stock. But...
Micron Technology (NASDAQ: MU) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close to 850%. And one top Wall Street analyst thinks Micron has plenty of room to run. UBS Group (NYSE: UBS) analyst Timothy Arcuri raised his 12-month price target on Micron from $535 to $1,625 on Tuesday. His move sparked a huge rally for the tech stock. But based on Arcuri's price target, Micron could still soar another 85%. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Image source: Micron Technology. Trade like Nvidia Arcuri is much more bullish about Micron for one primary reason: He likes the company's long-term agreements with customers. Micron now has enhanced agreements with fixed volume commitments from customers that range from three to five years. Such deals were practically unheard of in the past for memory chip companies, but the market dynamics have changed dramatically thanks to artificial intelligence (AI) demand. These long-term agreements provide significant visibility in demand for Micron over the next few years. They should also make the company's earnings less lumpy. Sure, Micron may give up some revenue over the near term with these deals, but Arcuri likes the trade-off. The UBS analyst based his $1,625 price target assuming that Micron would generate earnings per share of between $117 and $155 over the next three years. He also expects the stock to trade at around 15 times forward earnings. However, Arcuri believes that there's no reason why Micron shouldn't trade similarly to Nvidia (NASDAQ: NVDA), which currently sports a forward price-to-earnings multiple of around 24.5. CNBC reported Arcuri as stating, "The market will start to put a more 'normal' multiple on the stock and MU will continue to rerate higher." UBS isn't the only Wall St...
Key Points UBS analyst Timothy Arcuri more than tripled his 12-month price target for Micron. Arcuri is bullish about the memory chip maker in large part because of its long-term agreements with customers. 10 stocks we like better than Micron Technology › Micron Technology (NASDAQ: MU) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close...
Key Points UBS analyst Timothy Arcuri more than tripled his 12-month price target for Micron. Arcuri is bullish about the memory chip maker in large part because of its long-term agreements with customers. 10 stocks we like better than Micron Technology › Micron Technology (NASDAQ: MU) has been one of the biggest winners of the last 12 months. Shares of the memory chip maker have skyrocketed close to 850%. And one top Wall Street analyst thinks Micron has plenty of room to run. UBS Group (NYSE: UBS) analyst Timothy Arcuri raised his 12-month price target on Micron from $535 to $1,625 on Tuesday. His move sparked a huge rally for the tech stock. But based on Arcuri's price target, Micron could still soar another 85%. 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 » Trade like Nvidia Arcuri is much more bullish about Micron for one primary reason: He likes the company's long-term agreements with customers. Micron now has enhanced agreements with fixed volume commitments from customers that range from three to five years. Such deals were practically unheard of in the past for memory chip companies, but the market dynamics have changed dramatically thanks to artificial intelligence (AI) demand. These long-term agreements provide significant visibility in demand for Micron over the next few years. They should also make the company's earnings less lumpy. Sure, Micron may give up some revenue over the near term with these deals, but Arcuri likes the trade-off. The UBS analyst based his $1,625 price target assuming that Micron would generate earnings per share of between $117 and $155 over the next three years. He also expects the stock to trade at around 15 times forward earnings. However, Arcuri believes that there's no reason why Micron shouldn't trade similarly to Nvidia (NASDAQ: NVDA), which currently...