Micron CEO forecasts humanoid robots will drive a decades-long storage demand cycle.
2 hours ago
Micron CEO Sanjay Mehrotra stated during an earnings call held early this morning that, “In the robotics sector, ongoing advances in simulation, foundation models, and integrated software-hardware technology stacks are accelerating the development of Physical AI. This is creating a growing and substantial opportunity for high-bandwidth, low-power memory and storage devices, as these technologies underpin real-time perception, reasoning, and control. Humanoid robots carry 10 times more storage capacity than the average L2+ class vehicle. We anticipate a sustained, sizable multi-decade storage demand cycle will begin in the latter part of this decade.”
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
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The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
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Danske Bank: Federal Reserve may raise interest rates at least twice
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SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
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