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Technology 21 June 2026 - 23 June 2026
Micron Technology has announced a partnership with Anthropic, agreeing to supply memory and storage to the AI startup and participating in its new funding round, as Anthropic prepares for an IPO. This news helped Micron shares reach a record high, closing at $1,211.38, up 6.9%. The rally in Micron and other memory and storage stocks, such as Western Digital and Sandisk, is being driven by strong demand for AI data centers and concerns about storage scarcity. Western Digital rose 4.86% as it forecasted fiscal Q4 revenue at a $3.65 billion midpoint, while Sandisk was up in premarket trading, reflecting sector momentum after Apple’s memory-cost warning. SK Hynix surpassed Samsung Electronics in market cap for the first time since 2000, highlighting the importance of high-bandwidth memory in the AI supply chain. TSMC’s U.S.-listed shares also outperformed, with June sales seen as a key catalyst. Intel shares jumped after news that Apple plans to collaborate with Intel on chip design and manufacturing in the U.S. Dominion Energy traded near its 52-week high as investors watched its efforts to benefit from Virginia data-center demand and awaited developments on a possible takeover by NextEra Energy. Tesla shares gained on continued focus on its robotaxi strategy and speculation about closer ties among Elon Musk’s companies. Other notable moves included Applied Optoelectronics rising after a China unit doubled its credit line, and MARA jumping 12.8% amid weak institutional demand for bitcoin ETFs. Getty Images surged on news of a multi-year display deal with OpenAI, though financial terms were not disclosed.