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Micron stock pops 15% as AI memory demand soars: ‘We are more than sold out’

The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 15% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers […]

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Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk

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U.S. President Donald Trump delivers an address to the nation from the Diplomatic Reception Room of the White House in Washington, D.C., U.S., December 17, 2025. Doug Mills | Via Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start

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Visa says new AI shopping tool has helped customers with hundreds of transactions

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Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task

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Coinbase adds prediction markets and stock trading in push to be one-stop trading app

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Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto and into the broader retail

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Micron forecasts surging revenue as computer memory demand for AI remains high

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The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter. Micron shares rose 5% in

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Apple punted on AI this year. Next year will be critical

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Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images One of the biggest launches in Apple’s history is supposed to come next year, and it’s got nothing to do with hardware. The company

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AI future: Big Tech faces key House vote on reforming permit process

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Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping the U.S. beat out China

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The AI chip shortage could raise smartphone prices — new research spells out by how much

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The logo of an Apple Store is seen reflected on the glass exterior of a Samsung flagship store in Shanghai, China Monday, Oct. 20, 2025. Wang Gang | Feature China | Future Publishing | Getty Images A shortage of memory chips fueled by artificial intelligence players is likely to cause a price rise in smartphones

The AI chip shortage could raise smartphone prices — new research spells out by how much Read More »

From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation

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Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about AI these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has

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Palantir CIO Jim Siders leaves to become head of Thrive Capital’s new IT services business

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Jim Siders speaks at an event Courtesy: Jim Siders Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks, announced on Monday that it’s tapped Palantir veteran Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services. Siders spent

Palantir CIO Jim Siders leaves to become head of Thrive Capital’s new IT services business Read More »

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