---
title: "[Task Coins Giveaway] Daily Market Talk — Micron Soars as Apple Sinks"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000761802.md"
description: "Two memory stories, opposite directions. Micron printed a record quarter and ripped ~15% after hours, lifting the whole chip complex over 3%. Meanwhile Apple had its worst day in over a year, down 6%,..."
datetime: "2026-06-26T02:51:09.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000761802.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000761802.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000761802.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# [Task Coins Giveaway] Daily Market Talk — Micron Soars as Apple Sinks

Two memory stories, opposite directions. Micron printed a record quarter and ripped ~15% after hours, lifting the whole chip complex over 3%. Meanwhile Apple had its worst day in over a year, down 6%, after hiking MacBook and iPad prices to pass on those same soaring memory costs. Let's dig in 👇

## 📊 Quick Recap — What Moved & Why

### 🇺🇸 US — Memory Rips, Mag 7 Cracks

**🔑 Key Event:Micron (MU)** stole the show. After closing the regular session down 0.44%, it **jumped ~14.5% after hours** on a blowout print: **record revenue of USD 41.5B**, gross margin near **85%**, and adjusted EPS of **USD 25.11** (beating by USD 4.62). Data-center revenue grew more than **7x to USD 11.5B**, and Q4 guidance points to ~USD 50B. The read-through lit up the whole memory complex and pushed the chip index **+3%** even on a flat tape. Indices themselves went nowhere: **Dow +0.14%, Nasdaq -0.46%, S&P -0.01%** as the Mag 7 dragged.

**👀 Other to Watch**

-   **SanDisk (SNDK)** +12% → rode the Micron halo to fresh records on the NAND shortage; **Western Digital (WDC)** also up ~12%
-   **Applied Materials (AMAT)**, **Lam Research (LRCX)**, **KLA (KLAC)** → equipment names swept up in the memory capex story
-   **Apple (AAPL)** -6.13% → **worst day in over a year**; hiked MacBook and iPad prices USD 100-200 to offset memory costs, with iPhone increases flagged as next
-   **Microsoft (MSFT)** down over 3% → raising Xbox console prices USD 100-150 from Aug 1 on the same component squeeze
-   **Cerebras (CBRS)** → slid hard post-earnings; revenue actually beat (USD 193M, +94%) but Q2 gross-margin guidance of just 36-38% spooked the room. CEO: "the constraint is data centers"
-   **OpenAI** → reportedly weighing pushing its IPO toward 2027 (unconfirmed)

### 🇸🇬 Singapore — Banks Busy, REITs Reshuffle

**🔑 Key Event:** STI is hovering around **5,218**, just under its 23 June record of **5,241.80**. **DBS (D05)** committed about **S$273m** in senior financing to ETAFCo under Singapore's FAST-P initiative, becoming the first commercial bank to back two of its partnerships, funding renewables, grid and storage across Asia.

**👀 Other to Watch**

-   **UOB (U11)** → setting up a Board Technology Committee on 1 July under Steven Phan, who also becomes Lead Independent Director on 27 July
-   **VICOM (WJP)** → named Deputy CEO Chung Tying Chun as CEO from 1 Jan 2027, succeeding the retiring Sim Wing Yew
-   Q1 freight forwarding prices **+4.5% QoQ** as Middle East disruption lifted shipping and jet-fuel costs

### 🇭🇰 HK/China — NetEase Switches Homes, Consumers Stay Cautious

**🔑 Key Event:NetEase (9999)** confirmed it becomes a **dual-primary listed** company in Hong Kong from **30 June**, after most trading already migrated there, opening the door to Stock Connect southbound flows.

**👀 Other to Watch**

-   China consumer names stayed soft → May retail sales fell **0.6%** (first drop since the Covid reopening, car purchases -16%), and 618 festival growth slowed sharply

### 🌍 Other

-   **Oil** → Brent hovered around **USD 75**, briefly dipping to **USD 72** (closest to the pre-war USD 70 in nearly four months) even after a **Singapore-flagged tanker (Ever Lovely)** was attacked off Oman; the IMO **paused** its plan to evacuate 11,000 stranded sailors through the Strait of Hormuz
-   **Fed** → headline CPI hit a three-year high of **4.2%** in May (energy-driven; core a tamer **2.9%**). On Thursday, Goolsbee warned inflation is "going the wrong way," while Williams said policy is "well positioned" and sees it easing
-   **USD** → dollar index slipped 0.16%

## 📅 Key Events Tonight / This Week

-   🇺🇸 Final June Univ. of Michigan consumer sentiment · tonight (Fri 6/26) SGT
-   🇺🇸 Kansas City Fed services activity · tonight (Fri 6/26) SGT

**💬 The AI memory boom is minting record profits for the chipmakers but forcing Apple and Microsoft to raise prices just to survive it. Does the boom keep running from here, or do those price hikes eventually break consumer demand and drag the whole chip chain back down?**

👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨  
🚫 No duplicates · ⏰ Deadline: June 26, 11:59 PM SGT

Not investment advice, just market talk 🙏

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
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- [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md)
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- [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md)
- [LRCX.US](https://longbridge.com/en/quote/LRCX.US.md)
- [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md)

## Comments (33)

- **NewUser_zS0M8w  · 2026-06-26T14:32:59.000Z**: Traditional big tech names like Alphabet, Nvidia and many more have been correcting double digits from their all time highs. The only bullish names are companies related to memory, as both traders & investors continue to pour investments into them. Overall a temporary paper loss, but I expect th
- **NewUser_oPJWOU · 2026-06-26T14:24:56.000Z**: Our local market finally fell following consecutive days of gains, but managed to recover slightly at the close. Reits remain relatively stable for now, but I expect prices to fall if and when the FED announces rate hikes eventually. Banks cooled off a little but are still in the midst of a bullish 
- **dingdongbell · 2026-06-26T06:45:20.000Z · 👍 1**: I was just discussing about the potential of Apple raising prices yesterday and they did! Typical of corporations to preserve their fat profit margins at the expense of consumers.
- **Heroic Lifesaver · 2026-06-26T06:42:25.000Z · 👍 1**: No surprises that Apple is doing what it did. Raise prices and pass on the cost to consumers whilst trying to maintain their profit margins.
- **Victor y · 2026-06-26T06:00:12.000Z · 👍 1**: Micron's earnings reinforced that the AI memory cycle is still going strong and momentum remains firmly with memory and semiconductor stocks. However, if Apple and Microsoft continue passing higher costs on to consumers, sustained price increases could eventually weaken demand and slow the pace of g
- **Vt3 · 2026-06-26T05:17:19.000Z · 👍 2**: Lucky let go MSFT made a bit loss only 😹🙏
  - **Fattycat** (2026-06-26T06:20:49.000Z): Right decision 👍
- **Fattycat · 2026-06-26T04:40:15.000Z · 👍 4**: I believe the AI memory boom is likely to continue in the near term because enterprise AI infrastructure spending outweighs weaker consumer demand. The share price might be overdone. A healthy pullback is necessary before it go higher.If Apple and Microsoft hike their smartphone device prices, it ma
  - **Moose_** (2026-06-26T06:14:25.000Z): the supply normalization risk is the part everyone glosses over, 85% margins basically beg for a capacity flood
- **NewUser_CkrdqW  · 2026-06-26T04:17:35.000Z · 👍 2**: I would say this is a healthy pullback given how much the stock market has ripped despite inflation and macroeconomic concerns all year. However, for stocks that have already been struggling like Microsoft and Meta, the further drop has been painful for investors that have been loading up the dip. T
  - **imJanice** (2026-06-26T06:08:20.000Z): the watching momentum chasers cash out while your value picks just nap part, felt that 😮‍💨
- **TheRaccoonAnalysis · 2026-06-26T04:01:33.000Z · 👍 1**: While the broader market ended largely unchanged as weakness in major technology stocks weighed on indices, Micron delivered exceptionally strong earnings that lifted sentiment across the semiconductor sector. Robust data-centre growth, record financial results and upbeat guidance reinforced confide
- **Dacai · 2026-06-26T03:49:06.000Z · 👍 1**: I have faith in Apple. Even if it raises prices, it still has moat and pricing power that will protect its margin.
  - **Jasper** (2026-06-26T06:05:24.000Z): moat sure, but pricing power has limits when you're hiking just to cover memory cost. dont sleep on the demand side
- **KopiO · 2026-06-26T03:20:46.000Z · 👍 1**: ok but if Apple and Microsoft are already raising prices just to survive the memory costs, doesnt that eventually bite the chip names too when people stop upgrading? Genuine question. Meanwhile our STI quietly sitting near record while everyone busy watching US chips haha
- **longbridgehksgus · 2026-06-26T03:13:38.000Z**: This is the time not to panic if youre holding chinese Internet companies. Hold on for the long term. Another lesson learned is that don't use leverage to trade. Only invest/trade with the money that youre comfortable to lose 100%.
  - **korbs23** (2026-06-26T04:00:56.000Z): the no leverage line is the part people skip and then get wiped out on. china internet's been a patience game for years, nothing new. you holding baba or the broader names?
- **LazyCat · 2026-06-26T03:13:17.000Z · 👍 3**: Apple's price increase serves as an aftershock resonating with micron's super beats earthquake. There is no doubt that the piranhas will have a happy feast on the memory stocks until another deepseek moment drop into the pond.
  - **beta-one** (2026-06-26T04:06:35.000Z): piranhas haha best line ive read today. feast's real but it only lasts while the hyperscalers keep writing capex checks. that's the number im watching, not the price
  - **Fattycat** (2026-06-26T04:41:15.000Z): Don’t increase the price first. I want to change a new iPhone coming months 😂.
- **Tiffany lover · 2026-06-26T03:12:36.000Z · 👍 1**: Apple (AAPL) -6.13% → worst single-day performance in over a year； raised MacBook and iPad prices by $100-200 to offset memory costs, and hinted at raising iPhone prices next.As one of the Magnificent 7, Apple's products only have a slight edge over others in computers, phones, and related mobile op
- **win win · 2026-06-26T03:12:05.000Z · 👍 1**: Micro and SanDisk, both are the memory chip players, both are hitting the record price. Don't be FOMO, watch the overall sector first before entering
  - **Show_down** (2026-06-26T04:11:24.000Z): yeah both went vertical, chasing here is just begging for a gap fill. sector first is the right instinct
- **Steve_Z · 2026-06-26T03:10:59.000Z**: trimmed half my AAPL into the price hike news. cant keep passing memory costs to consumers forever before demand cracks, especially with the iPhone bump coming next
- **melph · 2026-06-26T03:09:44.000Z · 👍 4**: As a Microsoft shareholder, I remain confident in the company's long-term outlook despite the shares recently falling around 3%. Microsoft has also raised Xbox prices, reflecting rising costs but also pricing power. Backed by strong cloud, AI, and enterprise businesses, I believe the company is well
  - **millionaire** (2026-06-26T04:14:53.000Z): 3% is noise for msft honestly. azure and copilot intact, price hikes are just cost pass through. you adding or sitting tight?
  - **Vt3** (2026-06-26T05:18:33.000Z): Lucky I let go mine made a bit loss only haha never go up always come down sigh😹
- **Newbee2025 · 2026-06-26T03:05:41.000Z · 👍 3**: The stocks have been rising for so long. This is just a normal pullback. Be cool, wait patiently and buy low. The Vix is not at the peak yet
  - **Big_Angel** (2026-06-26T03:57:18.000Z): careful calling it a normal dip when vix hasnt even peaked though. that usually means theres another leg before the buy low actually works. not rushing in yet
  - **Fattycat** (2026-06-26T04:33:25.000Z): Agreed. Better to stay sideline and wait for better entry.☺️
- **Fair_Lemon5303 · 2026-06-26T03:00:31.000Z · 👍 1**: Been holding MU and SNDK since the NAND shortage talk started and this print just confirms the thesis lah. 85% gross margin is insane for a memory name, that's not a cyclical pop anymore. Adding on any pullback, the data center demand is the real story here 💪
  - **Vt3** (2026-06-26T05:16:03.000Z): I sold both MU and SNDK last few months already haha made a bit only meow.  😹
  - **Fair_Lemon5303** (2026-06-26T06:19:44.000Z): aiyo sold right before the 85% margin print sia 😹 a gain's still a gain tho


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**