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Glonghui, June 25｜Capital.com Senior Market Analyst Daniela Hathorn stated: “With Micron Technology’s financial report once again confirming that the artificial intelligence investment cycle remains solid, the US stock market has regained some lost ground. This has boosted market sentiment across the entire semiconductor sector—previously, high-growth stocks had performed weakly—showing that as long as earnings prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations.”

Jinse Finance reported that a certain exchange group has agreed to acquire Bio-Techne Corporation in cash at a price of $73 per share.

Golden Ten Data reported on June 25 that Micron stated that once all supply agreements are completed, contracts signed at fixed prices or with a cap close to current levels are expected to account for about 40% of its revenue. At the same time, these contracts also include price floors, with Micron saying this will result in gross margins “well above” the peak of any previous cycle. “This data is important evidence for the memory supercycle theory, but I would not permanently overvalue Micron simply because of an all-time high annualized gross margin,” said Futurum Chief Market Strategist Shay Bolor. “The right understanding is not that cyclicality has disappeared, but that its normalized profitability level may have risen significantly, and the next downturn cycle may be more protective than investors have previously come to expect.”