Micron Technology, Inc.

The semiconductor maker's share price has already doubled since the start of the year, but a Morgan Stanley analyst expects the rally to continue  

'Better late than never': Morgan Stanley endorses Micron stock after 120% rally

NVIDIA Corporation

Broadcom Inc.

Microsoft will get about 30% stake in OpenAI's commercial division once its restructuring is complete

From Microsoft to Seagate: who stands to gain from ChatGPT owner's valuation rising to $500 billion?

Cohu, Inc.

Cyclerion Therapeutics, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

New York morning: rally paused waiting for new drivers

Micron reported earnings above expectations and gave a strong outlook, citing demand for high-speed memory for AI chips. Tether is preparing a record $15-20 billion round that could value the issuer of the largest stablecoin at $500 billion - on par with OpenAI and SpaceX. In the US, Donald Trump's plans to charge $100,000 for each H-1B visa application have alarmed the startup community. These and other topics are covered in our review of key events on the morning of September 24.

Highlights for this morning: Tether rushes to $500 billion, Micron breaks record, US startups on alert

Micron has become one of the main beneficiaries of the investment boom in the AI sphere

Micron improved its outlook due to demand for AI memory. Will the stock rally continue?

In September, the company's quotations showed the best monthly growth in the last 15 years

Analysts raised their forecasts on Micron stock ahead of the report. What to pay attention to?

The Boeing Company

Firefly Aerospace Inc.

Morning in New York: Powell's rhetoric will set the vector for the trades

Seagate Technology Holdings plc

Western Digital Corporation

In 2025, the unexpected favorites of the US stock market are the "old" technology companies - Seagate, Western Digital and Micron, whose shares soared by at least 90% amid the hype around AI. Their products - hard disks and memory - although they look boring to investors, are critical for training large language models that require huge amounts of data. Now these securities remain relatively undervalued by multiples, and Wall Street is generally optimistic about them, although the growth rate of quotations is ahead of analysts' forecasts. At the same time, some experts advise to fix profits and warn of risks: the rally, according to them, may be a reflection of market overheating and a possible bubble.

"Boring" IT stocks have suddenly become growth leaders. Why is the advice to sell sounding?

H & M Hennes & Mauritz AB (publ)

Costco Wholesale Corporation

Stock markets ended last week at record levels after the US Federal Reserve resumed its rate cut cycle. At the beginning of this week, the attention of market participants will be focused on the speeches of the central bank's leadership: Chairman Jerome Powell and the new member of the Board of Governors of the Federal Reserve System Steven Miran, nominated by President Donald Trump, Yahoo Finance <a href="https://finance.yahoo.com/news/feds-powell-miran-set-to-speak-with-stocks-at-record-highs-what-to-watch-this-week-114521452.html">writes</a>.

Fed chief's speech, inflation and Micron report: what investors need to know this week

PHLX semiconductor index shows a 22% return relative to the beginning of 2025

Semiconductor stocks have the longest streak of growth in 8 years. Who's in the lead?

Samsung Electronics Co., Ltd.

Taiwan Semiconductor Manufacturing Company Limited

The U.S. Commerce Department is pushing the idea of giving government subsidies to chipmakers in exchange for their stock, and Trump likes the idea, sources tell Reuters