8 Min Read
Micron guided to $61.5B in first-quarter revenue and said supply will stay tight into 2028. But its 86.25% margin guidance fell short of investor expectations; the stock slipped 0.8% after hours, and SanDisk and Western Digital edged lower.
MU · Since The Event− 15.15%Read7 Min Read
OpenAI introduced GPT-6 Astra, which can work for hours unattended, on September 3. Four days later memory makers flew in Seoul, bought by foreign and institutional investors and sold by retail.
9 Min Read
Commerce Secretary Howard Lutnick laid out the second phase of the chip tariff on September 2: build in America and you are exempt, don't and you pay. The Seoul press supplied the two names he left out, but no rule in force today taxes the memory Samsung and SK hynix sell into the United States.
9 Min Read
The U.S. Commerce Secretary told The Wall Street Journal plainly that the administration opposes Apple buying memory from Chinese manufacturers. But one of the two suppliers is not even blacklisted, and the blacklist does not forbid that purchase anyway.
AAPL · Since The Event+ 12.66%Read10 Min Read
At its investor day SanDisk set a gross margin target of 80% — below the 84.6% it just reported. The market read that not as bad news but as the price tag on a $93.9 billion contract book.
10 Min Read
Western Digital beat estimates, guided above consensus, and fell 16%. SanDisk posted a record margin and fell 11%. What the market sold was not the quarter — it was the slope of the price curve behind it.
10 Min Read
China's largest memory chipmaker began trading in Shanghai on July 27 in a record IPO and closed its first session up 466%. Seven days later came word that it was negotiating a second plant in Beijing, and the entire memory shelf, from Micron to Seagate, sold off.
