Micron Crushed It! Hyperscalers Got Crushed!

Thursday’s session was dominated by Micron-mania, with the memory-chip maker delivering volatile and explosive price after earnings beat on AI-driven demand for HBM and DRAM. The same red-hot chip prices that fueled Micron’s surge, also hit Apple and Microsoft hard, forcing the tech giants to implement significant product price hikes amid the severe memory shortage….