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Semiconductors 30 May 2026 - 4 June 2026

Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Technology was near $1,064 in premarket trading before the Nasdaq opened on Wednesday, keeping up gains that have made the company a key equity play tied to the AI push. This was during a normal U.S. trading day. Nasdaq runs its premarket session before the main open at 9:30 a.m. Eastern. The next full market holiday is June 19 for Juneteenth, according to its June 2026 schedule.
Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Holdings could hit its $15 billion annual revenue goal for AI chips sooner than it expected, CEO Rene Haas said, as demand for data center central processors is picking up. Haas told Bloomberg Television he was “very confident” about the target, according to Seeking Alpha. Reuters also reported demand for Arm’s chips is higher than eight weeks ago.
Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell Technology gained around 7% in late U.S. trading after it rolled out a high-capacity networking chip aimed at AI data centers. That move adds to what has been a strong 2026 rally for the chipmaker, driven by demand for custom silicon and optical connectivity. Shares last traded at $219.43. The Invesco QQQ Trust, tracking growth names on the Nasdaq, was up roughly 0.6%.
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