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BlockBeats News, June 25th, Citigroup analyst Asiya Merchant has raised the price target for SanDisk from $2025 to $2500 and maintains a Buy rating on the stock. Micron's financial report shows that the NAND market will remain tight until 2027, analysts said in a research note to investors. Citigroup believes that strong demand and pricing will drive the upward revision of SanDisk's price target.

Odaily reports: Key U.S. stock market news highlights that investors should pay attention to today are as follows: 1. Futures for the three major U.S. stock indices are collectively rising. Dow Jones index futures up 0.32%, S&P 500 index futures up 0.85%, Nasdaq 100 index futures up 2.40%. 2. International oil prices are trending downward during the day. WTI crude oil futures fell 1.21% to $69.489 per barrel; Brent crude oil futures fell 0.80% to $73.279 per barrel. 3. International gold and silver spot prices surged in the short term. Spot gold price rose 0.33% to $4,012.04 per ounce; spot silver price rose 1.38% to $58.20 per ounce. 4. IBM has launched the world's first sub-1 nanometer (less than 1 nanometer) chip technology. Through a "nanostack" three-dimensional transistor architecture, nearly 100 billion transistors are integrated on a fingernail-sized chip, with the new chip design offering up to a 50% performance boost. 5. NVIDIA is reportedly actively developing its own 800V HVDC Power Rack solution, aiming to complete stock preparation by Q3 2026, with large-scale adoption currently estimated for 2028. 6. Qualcomm has officially released a high-bandwidth compute (HBC) architecture for the AI data center market. The first-generation HBC is expected to begin commercial testing in mid-2027, and the second generation may be launched in 2028. Qualcomm shares are up over 10% pre-market. 7. Short selling bets on SpaceX continue to increase. 8. Apple has significantly raised prices due to memory shortages, with price adjustments reaching up to 20% on multiple Mac and iPad products. 9. U.S. core PCE index for May rose 3.4% year-on-year and 0.3% month-on-month, in line with market expectations. Traders have reduced their bets on Federal Reserve interest rate hikes.

AppleUp 25th June | On Thursday, Apple raised the prices of iPad and MacBook, stating it can no longer absorb for customers the surge in memory and storage chip costs caused by the artificial intelligence industry’s data center construction boom. This move will not affect Apple's main profit source—iPhone.The price increase indicates that even this consumer electronics company, with the industry's most envied supply chain relationships and the highest global market capitalization, cannot escape the impact of soaring memory prices—a trend that has cast a shadow over smartphone and personal computer sales prospects. Memory manufacturers such as Micron have in recent months prioritized orders from AI chipmakers like Nvidia. While this has helped these chip producers achieve record profits, it has resulted in severe shortages for electronics manufacturers, forcing them to raise prices.“We’ve never seen component prices climb this fast to such a degree,” Apple said in a statement. “So far, we have absorbed these increases for our customers, but now we have reached the point where we must start raising the prices of some products, including today’s price hike for iPad and Mac.”