Puncak Jaya in Indonesia is one of the last equatorial mountains with glaciers but the ice has retreated drastically because of the climate crisis. Project Pressure came to the mountain to create the first 3D model of the remaining ice before it disappears ‘Planetary destruction on fast-forward’: witnessing the disappearance of Indonesia’s eternity glaciers Continue reading...
Puncak Jaya in Indonesia is one of the last equatorial mountains with glaciers but the ice has retreated drastically because of the climate crisis. Project Pressure came to the mountain to create the first 3D model of the remaining ice before it disappears ‘Planetary destruction on fast-forward’: witnessing the disappearance of Indonesia’s eternity glaciers Continue reading...
Huawei Technologies’ unveiling of a chip architectural workaround to bypass US sanctions marks a major step towards China’s semiconductor self-sufficiency, giving Beijing powerful new leverage in its tech tug of war with Washington, analysts say. The Chinese tech giant captured global attention on Monday by introducing the new Tau (τ) Scaling Law, which it said lay the groundwork for Huawei to ach...
Huawei Technologies’ unveiling of a chip architectural workaround to bypass US sanctions marks a major step towards China’s semiconductor self-sufficiency, giving Beijing powerful new leverage in its tech tug of war with Washington, analysts say. The Chinese tech giant captured global attention on Monday by introducing the new Tau (τ) Scaling Law, which it said lay the groundwork for Huawei to achieve transistor density equivalent to a 1.4-nanometre process in high-end chips by 2031. If proven, the advancement would significantly narrow the gap with global semiconductor leaders at the cutting edge of chip development. With the new law, Huawei is targeting significant performance improvements in both smartphone chips and artificial intelligence computing systems Advertisement “The US will have less leverage over export control as China becomes more self-sufficient,” said Gary Ng, senior economist at Natixis Corporate and Investment Bank, although he cautioned that the law still needed to be “tested in practice”. US-led sanctions currently block China’s semiconductor industry from accessing the most advanced chipmaking technologies, notably extreme ultraviolet (EUV) lithography machines needed for 3nm nodes and below. Advertisement Huawei’s new trajectory promises to bypass this critical bottleneck. He Tingbo, chairwoman of the Huawei Scientist Committee and president of its semiconductor business department, said cutting-edge EUV tools would no longer be necessary to achieve these advanced nodes.
UBS placed the Street’s most bullish call on MU yet, triggering a 19% rally in the stock on Tuesday. Modules with packaged memory chips displayed at Micron's booth at the 3rd China International Supply Chain Expo in Beijing, China on July 20, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loadin...
UBS placed the Street’s most bullish call on MU yet, triggering a 19% rally in the stock on Tuesday. Modules with packaged memory chips displayed at Micron's booth at the 3rd China International Supply Chain Expo in Beijing, China on July 20, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Micron achieved a $1 trillion market capitalization on Tuesday; the stock rose a further 6% in overnight trading SK Hynix and Samsung shares gained sharply in Wednesday trading in Seoul. Stocktwits sentiment for MU and DRAM went up a level to ‘neutral.’ The memory supercycle was in full display as the new week kicked off after the Memorial Day holiday. The Roundhill Memory ETF (DRAM), the newly launched memory-sector fund, surged 14.6% to another record high on Tuesday. The rally marked the fund’s biggest single-day gain and pushed its advance since its April 2 launch to 107%. Read Next Loading... Loading... Micron, the memory-chip maker at the center of the sector’s rally, jumped 19.3% after UBS said the stock could rally 80% higher from current levels in what was Wall Street’s most bullish call on the stock yet. That helped Micron’s market capitalization soar to $1.01 trillion for the first time. The optimism spilled over globally, with Micron’s South Korean rival SK Hynix rising more than 10% in Seoul trading on Wednesday and also crossing the $1 trillion market capitalization mark. Samsung, which recently reached a last-minute pay deal with its workers to avert a major strike, was up 6.4%. SK Hynix, Samsung, and Micron are the three largest components of the Roundhill Memory ETF. In overnight trading ahead of Wednesday, MU rose a further 6%, while DRAM was up 3%. Memory Supercycle A massive buildout of AI data centers has triggered surging demand for memory chips, driving multif...
Getty Images The S&P 500 is on pace to close at fresh record highs today on positive breadth. Once again, it is the AI trade powering the move, as several of the index's biggest gainers are out of the semiconductor space. The single biggest gainer, up over 19% as of this writing, is Micron ( MU ). An upgrade by UBS that saw a tripling of MU's price target is being deemed the catalyst for today's s...
Getty Images The S&P 500 is on pace to close at fresh record highs today on positive breadth. Once again, it is the AI trade powering the move, as several of the index's biggest gainers are out of the semiconductor space. The single biggest gainer, up over 19% as of this writing, is Micron ( MU ). An upgrade by UBS that saw a tripling of MU's price target is being deemed the catalyst for today's surge in the memory and data storage producer, and that is enough to also lift it above a $1 trillion market cap for the first time. A year ago, MU's market cap was just $100 billion, and it was at $62 billion when ChatGPT was released in late 2022. MU is not the only memory chip maker to reach a $1 trillion market cap. On a US dollar-adjusted basis, Samsung ( SSNLF ), which trades in South Korea, eclipsed that threshold for the first time on May 6th. Looking at other stocks with market caps above $1 trillion, Eli Lilly ( LLY ) has also rejoined the club. With the addition of MU, there have now been 15 US and international stocks to hit the $1 trillion threshold (shown below). Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
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