Technology
AI Memory Boom: Micron Record Earnings and SK Hynix $29B IPO Filing
A smartphone now costs $523 on average, a record. Memory chips are why. Micron Reports $41.5 Billion Quarter and Locks in $100 Billion of Future Revenue Micron Technology (Nasdaq: MU) reported fiscal third-quarter results on June 24 that beat every prior record the company had set. Revenue came in at $41.46 billion, up from $23.86…
Horizon Quantum Stock Up 114% on Dublin IonQ Deployment
Horizon Quantum Holdings is pre-revenue and its stock rose 114% in five trading days. One Stop Systems already has revenue and its stock moved 8% on a contract that is actually signed. Both are technically small-cap AI stories this week. Only one of them has a customer paying real dollars right now. Horizon Quantum Stock…
Intel Surges 10% After Trump Confirms Apple Chip Deal as Accenture Drops 13% on Guidance Cut
Intel’s 18A node packs 238 million transistors per square millimeter. TSMC’s competing N2 node packs 313 million. On June 18, Apple agreed to use Intel anyway, just not for the chips that matter most yet. Intel Surges After Trump Confirms Apple Will Use Intel Foundry for US-Made Chips President Trump posted on Truth Social early…
OpenAI Burned $3.7 Billion in Q1 and Filed for a $1 Trillion IPO in the Same Week
OpenAI made $5.7 billion in the first quarter of 2026. It spent $3.7 billion of that. Both numbers tripled year on year. The company then filed confidentially for an IPO that a source told Reuters could value it at up to $1 trillion. There is a version of this story where the revenue growth curve…
Siri Gets Rebuilt, SpaceX Goes Public: The Week That Changed AI Markets
Siri has been the butt of the joke for five years. On June 8, Apple spent $1 billion to fix that. Apple WWDC 2026 Reveals Siri AI Powered by Custom 1.2 Trillion Parameter Gemini Model Apple’s Worldwide Developers Conference opened June 8 at Apple Park. The keynote landed with a specific number: 1.2 trillion parameters.…
Broadcom’s Record Quarter Crashed the Semiconductor Sector, the EU Clock Is Ticking, and Anthropic Warned About Its Own Technology
Broadcom reported the best quarter in its history on June 3. Revenue up 48%. AI chip sales up 143%. A $100 billion semiconductor revenue forecast for fiscal 2027. The stock fell 14% the following day. By June 5, the semiconductor sector had lost $1.3 trillion in market cap and the Nasdaq had posted its worst…
Quantinuum Lists on Nasdaq as Quantum Computing Hits Three Milestones in One Week
Quantum computing had its biggest week as a public market story. Quantinuum debuted on Nasdaq at $60 per share, pricing above its target range and raising $1.68 billion. D-Wave, which has spent its entire existence building annealing systems, announced a roadmap to 100 logical qubits using gate-model hardware. And IonQ published a paper demonstrating quantum…
Anthropic IPO Filing at $965 Billion and What It Means for AI Sector Valuations
Anthropic filed confidentially for an IPO on Monday. Microsoft announced its first proprietary AI models on Tuesday. By Wednesday, both stories had been absorbed into a larger question that every enterprise software company is now sitting with: what is my product worth in a world where the tools that build software are accelerating faster than…
BigBear.ai Deploys at Panama Port, Hadron Energy Lists on Nasdaq, SoundHound Acquires LivePerson
Computex 2026 ran May 26-30 in Taipei. Jensen Huang showed up with 150 ecosystem partners, laid out the Vera Rubin and Grace Blackwell roadmap, and teased a surprise product for the second half of the year that nobody has seen yet. Intel showed rackscale AI infrastructure. The headline announcements were all large cap. The same…
OpenAI API Price Hikes, Meta Layoffs, SAP Acquisition: The AI Week Unpacked
Google I/O ran Tuesday and Wednesday and the headlines were about Gemini models and smart glasses. The more important story landed Monday morning, before the keynote started. Blackstone committed $5 billion to a joint venture with Google to bring TPU compute-as-a-service to market, the first serious structural challenge to Nvidia’s grip on AI infrastructure in…
