Yong Social Finance

The stock that refuses to slow down A 300 percent gain in a single year sounds like a crypto token, not a semiconductor manufacturer that has been around since 1978. Micron Technology just closed another session up 6 percent, printing a fresh all-time high. The memory chip giant now carries a market cap that would have seemed absurd two years ago, back when memory prices were in freefall and the company was reporting losses. Tomorrow, Micron reports earnings. The entire AI hardware trade is watching. Expectations are sky high. The stock is priced for perfection. The question is whether perfection is actually on the menu. The Anthropic deal that lit the fuse The latest surge did not come out of nowhere. Micron announced a major supply agreement with Anthropic, one of the leading AI labs and a direct competitor to OpenAI. The deal positions Micron as a critical memory supplier for Anthropic's growing fleet of training and inference hardware. Anthropic needs high-bandwidth mem...