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01/10/2026
RBA: Elevated asset prices and leverage levels expose global markets to the risk of a sharp correction.
Latest
5 m ago
Micron Technology Chairman and CEO Sanjay Mehrotra said on the earnings call that beyond data centers, the next massive incremental market will be Physical AI. Autonomous vehicles are the first major deployment of Physical AI, and we believe that over time it will expand to humanoid robots and other intelligent autonomous systems. L4 and above autonomous vehicles typically have memory capacity exceeding 200GB and storage capacity reaching multiple TB, which is more than an order of magnitude higher than today's L2+ and L3 semi-autonomous vehicles. Humanoid robots are also expected to have similar storage requirements. Micron believes that with the dual growth of both the number of devices and per-unit storage content, Physical AI will become an extremely important driver of storage demand by the end of this decade.
11 m ago
Today, railways across the country are expected to handle 24.8 million passenger trips.
13 m ago
Micron Technology CFO: FY2026 Q4 generated $33.2 billion in free cash flow, plans to increase stock buybacks starting December 9, 2026
18 m ago
Micron Technology (MU.O) expects capital expenditures of approximately $25 billion in the first half of fiscal 2027, with the second half higher, and most of the incremental spending will go toward new wafer fab construction (building costs) rather than equipment purchases. Micron CFO Mark Murphy explained that this is entirely because long-term contracts provide sufficient demand visibility, and building new greenfield fabs requires extremely long lead times.
18 m ago
Micron Technology: Capital expenditures for the first half of fiscal 2027 will be approximately $25 billion, and will be higher in the second half.
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