Direxion Daily MU Bear 1X Shares(MUD.US)

Micron Tech's stock price increase expanded to 7%, reaching a historic high, with a total market value of $440 billion

Why Stock Markets Cratered: RAM Chips, Japan, and Greenland

Stock markets experienced a significant downturn due to a combination of factors, including a shift in the AI chip sector as Micron Technology halted its consumer chip division, leading to RAM shortages. Japan's bond yields reached highs not seen in decades, raising concerns about stock valuations. Additionally, Trump's tariffs on European countries sparked fears of a hostile acquisition of Greenland, contributing to the market sell-off, with major firms like BlackRock and Citigroup seeing declines.

2 AI Stocks Better Than Nvidia for 2026 Growth | Micron & AMD

Micron Technology and Advanced Micro Devices (AMD) are emerging as strong AI competitors, potentially offering better growth prospects than Nvidia by 2026. Micron's revenue surged 57% to $13.6 billion in Q1 2026, while AMD's revenue increased 36% to $9.2 billion in Q3 2025. Both companies are positioned to benefit from the projected $453 billion AI chip market by 2030. Despite their recent rallies, Micron and AMD trade at lower valuations compared to Nvidia, suggesting significant upside potential as they expand their AI product portfolios.