Micron Surges 18% to Briefly Top Meta in Market Cap
Micron Technology's stock surged 18.4% on June 25, 2026, after the chipmaker issued a strong forecast, briefly lifting its market cap to $1.398 trillion and overtaking Meta Platforms.
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Micron Technology's stock surged 18.4% on June 25, 2026, after the chipmaker issued a strong forecast, briefly lifting its market cap to $1.398 trillion and overtaking Meta Platforms.
Meta Platforms is set to release its next earnings report, prompting investor debate over whether the stock represents a timely buy. Advertising revenue trends, AI investment costs, and operating margin trajectory are the key variables to watch. The report will also likely address capital expenditure guidance and the
Meta Platforms and Broadcom are expanding their custom AI chip partnership, with Meta developing ASICs to reduce reliance on Nvidia GPUs for inference and training workloads. The move pressures Nvidia's hyperscaler revenue while strengthening Broadcom's standing as the lead ASIC partner for major AI spenders.
Meta Platforms has expanded its AI chip deal with Broadcom, broadening the custom silicon supply relationship underpinning Meta's shift away from Nvidia-dependent GPU infrastructure. The move could improve Meta's inference cost structure at scale by deploying ASICs optimized for its recommendation and generative AI
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Micron Technology's stock surged 18.4% on June 25, 2026, after the chipmaker issued a strong forecast, briefly lifting its market cap to $1.398 trillion and overtaking Meta Platforms.
5d ago · 3 min · Markets
Meta Platforms is set to release its next earnings report, prompting investor debate over whether the stock represents a timely buy. Advertising revenue trends, AI investment costs, and operating margin trajectory are the key variables to watch. The report will also likely address capital expenditure guidance and the
2mo ago · 1 min · Markets
Meta Platforms and Broadcom are expanding their custom AI chip partnership, with Meta developing ASICs to reduce reliance on Nvidia GPUs for inference and training workloads. The move pressures Nvidia's hyperscaler revenue while strengthening Broadcom's standing as the lead ASIC partner for major AI spenders.
2mo ago · 1 min · Technology
Meta Platforms has expanded its AI chip deal with Broadcom, broadening the custom silicon supply relationship underpinning Meta's shift away from Nvidia-dependent GPU infrastructure. The move could improve Meta's inference cost structure at scale by deploying ASICs optimized for its recommendation and generative AI
2mo ago · 1 min · Technology
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