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Micron Hits $1 Trillion Market Cap for First Time
Micron topped a $1 trillion market value for the first time on Tuesday as shares surged 19% on AI-driven demand for memory chips. The milestone highlights how explosive AI growth is lifting a new group of chipmakers beyond Nvidia's early dominance.
IREN Closes $3B Convertible Notes to Fund AI Shift
IREN Limited closes a $3 billion convertible senior notes offering to accelerate its shift from Bitcoin mining to AI infrastructure. The financing follows major agreements with Microsoft and Nvidia and reflects a broader industry move by miners toward AI and high-performance computing.
From the feed · 6
Trump's comments on Iran triggered a tech rebound in Dow Jones futures. Apple, Micron, Nvidia, Sandisk and Tesla led the moves.
Amazon crosses $3 trillion in market cap for the first time. The milestone puts the company alongside Microsoft and Nvidia in the exclusive club.
Bybit now accepts tokenized Nvidia, Apple, and Tesla shares as collateral for margin loans and trading products. Eligible retail and institutional users can apply the tokens across the platform's lending and derivatives offerings.
Chip stocks lost more than $1 trillion as the selloff hit companies powering the AI boom. Nvidia, SK Hynix and Samsung Electronics led the declines since Friday's close.
Bitcoin held near $65,000 as Nvidia and AI stocks fell sharply. This week's Fed decision may decide whether it breaks higher or revisits June lows.
Apple reaches $4.92 trillion in market value, surpassing Nvidia at $4.75 trillion.