micron

micron Technology briefly surpassed a $1 trillion market value, driven by surging investor demand for memory chips essential for AI data centers. This significant rally, with shares rising over 17%, highlights micron's central role in the AI hardware supply chain and the growing need for advanced memory solutions.

Project Likely To Create Over 16K Permanent Jobs

Rajasthan's Jaisalmer desert is now home to Asia's largest artificial water reservoir, a massive 28km lake built for ₹242 crore. This project, under the Jal Jeevan Mission, promises year-round drinking water for Jaisalmer and Barmer districts, storing 141 crore litres. The innovative design includes a special plastic lining to prevent seepage and even accommodates Indian Army training exercises.

Wall Street surged Tuesday, buoyed by optimistic Iran conflict talks and robust tech stock performance. Easing bond yields further supported the rally, pushing major indices near record highs. United Airlines and Carnival saw gains as oil prices stabilized. micron Technology was a standout performer, driven by AI optimism.

Nvidia CEO Jensen Huang joined Donald Trump's Beijing summit at the last minute, boarding Air Force One in Alaska, but China still won't approve H200 AI chip purchases. Trump said Beijing "chose not to" because it wants homegrown silicon. With DeepSeek now running on Huawei chips and 10 cleared Chinese firms yet to place orders, Nvidia's China stalemate looks set to drag on.

Nvidia CEO Jensen Huang was added to President Trump's China visit delegation at the last minute, reportedly at Trump's personal request. Huang's presence was seen as a political liability due to ongoing US-China tensions over advanced chip sales to China, a market where Nvidia has lost significant share.

Asian equities traded mixed as the AI and tech rally cooled, with Hong Kong's Hang Seng inching up while Shenzhen and Shanghai fell. Wall Street also saw a softer mood, with the S&P 500 retreating from a record high and chipmakers leading declines. Oil prices remained elevated due to ongoing disruptions in the Strait of Hormuz.

Donald Trump has landed in Beijing with 17 American companies in tow, worth a combined $16.47 trillion—roughly 90% of China's entire 2025 GDP. Jensen Huang joined at the last minute, boarding Air Force One in Anchorage. Nvidia and Apple alone account for $9.7 trillion of that, while Meta sent its policy chief after Beijing blocked its $2 billion Manus deal.

In a last-minute development, President Trump reportedly invited Nvidia CEO Jensen Huang to join his China delegation, with Huang now on Air Force One. This comes amid earlier concerns about Nvidia's political implications. Trump confirmed Huang's presence alongside other prominent CEOs, stating his intention to urge President Xi to open China for business and collaboration.

US stocks retreated on Tuesday as rising oil prices and sticky inflation cooled Wall Street's rally. Technology shares, particularly AI-linked companies, led the decline. Concerns over the Iran conflict and its impact on crude supplies fueled inflation worries, strengthening expectations of prolonged elevated interest rates.

US President Trump expressed optimism for his upcoming visit to China and meeting with President Xi Jinping, anticipating positive outcomes for both nations. Accompanied by prominent business leaders, Trump aims to discuss trade, Iran, tariffs, and AI, seeking to strengthen US economic and national security interests.

Asian markets showed mixed trading as AI stock momentum waned, oil prices stayed high, and inflation worries persisted. Japan's Nikkei saw a slight gain, while South Korea's Kospi recovered some losses. Concerns over stalled US-Iran talks and hotter US inflation data contributed to investor caution across the region.

Gamers face rising console prices as Sony and Nintendo grapple with a global memory chip shortage. Fueled by AI data center demand, chip costs have surged, forcing Nintendo to hike the Switch 2's price to $499.99 and Sony to increase the PlayStation 5 to $649.99. These increases are expected to continue impacting the industry.