WS #14060
Sandisk's bullish revenue and margin guidance is lifting memory names like Micron, while Applied Materials drops despite record earnings on growth concerns. Nvidia's $500B AI financing initiative and Microsoft's own AI chip plans signal continued massive AI capex, supporting semiconductor and AI infrastructure names. Apple is training its own AI model for China with Alibaba's support, a strategic move to compete with Huawei and navigate regulatory hurdles.
Memory Chip Rally on Sandisk Outlook
Sandisk's bullish revenue and margin guidance is lifting memory names like Micron, while Applied Materials drops despite record earnings on growth concerns.
Nvidia's $500B AI financing initiative and Microsoft's own AI chip plans signal continued massive AI capex, supporting semiconductor and AI infrastructure names.
Apple is training its own AI model for China with Alibaba's support, a strategic move to compete with Huawei and navigate regulatory hurdles.