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Stocks Close: Dow Drops 700 Points, Nasdaq Falls 1%; Memory, Optical Communication Stocks Buck Trend; Micron Rises 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2661232619","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661232619?lang=en_us&edition=fundamental","pubTime":"2026-08-21 04:12","pubTimestamp":1787256761,"startTime":"0","endTime":"0","summary":"A renewed surge in US Treasury yields and rising oil prices weighed on market sentiment. All three major US stock indexes closed lower, but AI hardware stocks bucked the trend to move higher, with memory and optical communication stocks leading the gains. At the close, the Dow Jones Industrial Average fell 1.32% to 52,759.21; the Nasdaq Composite Index dropped 1.00% to 26,067.17; and the S&P 500 Index declined 0.87% to 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Plans $10 Billion Research Lab-Trump and Apple Love It","url":"https://stock-news.laohu8.com/highlight/detail?id=2661239835","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661239835?lang=en_us&edition=fundamental","pubTime":"2026-08-21 01:14","pubTimestamp":1787246040,"startTime":"0","endTime":"0","summary":"Micron Technology will invest $10 billion over the next decade in a research institution as it looks for ways to unclog the memory supply chain, the company announced Thursday.Micron Research Labs 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CEO Sees Research Initiative Boosts U.S. Semiconductor Standing","url":"https://stock-news.laohu8.com/highlight/detail?id=2661236463","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661236463?lang=en_us&edition=fundamental","pubTime":"2026-08-21 00:59","pubTimestamp":1787245140,"startTime":"0","endTime":"0","summary":"1259 ET - Micron Technology's new research initiative aims to help the U.S. get a competitive edge in semiconductor and memory innovation, CEO Sanjay Mehrotra says. The semiconductor company's Micron Research Labs will be headquartered in Boise with satellite campuses around the globe, and bring together a number of stakeholders--including customers, academia, government and the broader semiconductor ecosystem--to pursue breakthroughs in memory and AI, he says. The initiative will be \"driving America's leadership in semiconductor and memory technology,\" he says during an appearance on CNBC. The labs will be backed by a planned $10 billion investment over the next decade, the company 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CEO Points to Importance of Memory to Fuel AI Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2661723617","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661723617?lang=en_us&edition=fundamental","pubTime":"2026-08-21 00:54","pubTimestamp":1787244840,"startTime":"0","endTime":"0","summary":"1254 ET - Micron Technology is launching a research institution that will focus on areas like critical memory technologies, advanced memory and compute architectures -- all of which are crucial to advancing AI, CEO Sanjay Mehrotra says. \"This is critically important, because memory is [the] strategic infrastructure of AI,\" he says during an appearance on CNBC. \"Memory absolutely requires higher performance.\" For AI to get smarter, it needs a greater amount of memory, faster memory and lower-power memory, he 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Stock Forecast: BofA Says AI May Have Broken Memory Cycle, Stock Could Rise to $1,144","url":"https://stock-news.laohu8.com/highlight/detail?id=2661423502","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661423502?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:30","pubTimestamp":1787239809,"startTime":"0","endTime":"0","summary":"Micron (MU) shares pulled back slightly after breaking above $1,000 and are currently hovering around $950. Bank of America believes artificial intelligence may have broken the memory boom-and-bust cycle, projecting long-term and massive earnings growth for Micron Technology. According to BofA's scenario model, Micron's revenue could reach $377.3 billion in fiscal year 2030, far exceeding the market consensus of $280.5 billion. On the profitability front, BofA expects its EPS to reach $236.16, representing a compound annual growth rate (CAGR) of up to 34.1%. The market's current valuation of Micron remains relatively conservative, standing at only about 6 times projected FY2027 earnings.","market":"nz","thumbnail":"https://resource.tradingkey.com/uploads/20260608/Micron-98572b9fe3894abab71913abd5864c14.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/uploads/20260608/Micron-98572b9fe3894abab71913abd5864c14.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/analysis/stocks/us-stocks/262121630-micron-mu-ai-memory-cycle-interest-dram-hbm-shortage-1000-price-1144-tradingkey","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0096364046.USD","USXF","IE00BK4W5L77.USD","BK4533","LU0109392836.USD","LU1548497426.USD","IE00BK4W5M84.HKD","LU2089985449.USD","LU2054465674.USD","HBMX","SMH","BK4575","IE00B19Z3581.USD","FAI","BOBP","FTXL","LU0683600562.USD","LU2168563687.JPY","IE00B1XK9C88.USD","LU2168564222.USD","LU0056508442.USD","WUGI","SHOC","LU2543165471.USD","TTXU","BK4512","VGT","IE00B5949003.HKD","EGGY","LU0082616367.USD","IE00BJLML261.HKD","MUD","BK4532","LU2048586759.USD","LU1366333091.USD","LEGR","MUYY","LU1868836591.USD","BK4566","LU0274383776.USD","LU2896262040.SGD","LU0964807845.USD","BK4579","AIS","LU0256863902.USD","LU0859254822.USD","LU1267930813.SGD","LU0889566641.SGD","MUG","BK4553","LU2360106780.USD","LU1551013342.USD","BK4543","LU2250418816.HKD","LU2168564065.EUR","LU0061475181.USD","LU1267930730.SGD","LU0672654240.SGD","RULE","LU0820562030.AUD","LU2750360641.GBP","LU0640476718.USD","PTF","SOXX","LU1803068979.SGD","LU1868837300.USD","BK4605","EFIV","LU0708995401.HKD","LU2168564149.EUR","CHPX","MUZ","LU0320765059.SGD","LU0889565833.HKD","LU1720051108.HKD","LU2357305700.SGD","AIFD","IE000M9KFDE8.USD","LU2471134796.USD","LU1629891620.HKD","LU0127658192.USD","LU1674673691.USD","LU2168564495.EUR","FDTX","IE0034235303.USD","SOXQ","IE0009356076.USD","SGXZ81514606.USD","JGRO","IETC","XNTK","BAI","SGXZ51526630.SGD","IE00BKDWB100.SGD","BK4585","LU0642271901.SGD","IE00BWXC8680.SGD","LU2471134879.HKD","LU2750360997.AUD","BK4588","LU2290526834.HKD","LU0203345920.USD","LU0133085943.USD","LU1861220033.SGD","FXL","LU2357627491.SGD","LU0081259029.USD","LU1852331112.SGD","LU2211815571.USD","LU1280957306.USD","LU1323610961.USD","LU2756315664.SGD","LU0820561818.USD","LU2102340556.USD","LU1914381329.SGD","LU1551013425.SGD","BK4554","LU1316542783.SGD","AIQ","LU2931357623.SGD","LU0203347892.USD","LU0157215616.USD","IE00B19Z3B42.SGD","LU0238689110.USD","LU0210536198.USD","LU1720051017.SGD","LU0417517546.SGD","LU0787776722.HKD","PSI","SG9999001424.SGD","EMSF","LU0943347566.SGD","LU2360107168.USD","LU0792757196.USD","BK4527","CHPS","LU0689472784.USD","LU2023250330.USD","LU0154236417.USD","LU2756315318.SGD","LU2213496289.HKD","LU1145028129.USD","LU2471134952.CNY","SGXZ99366536.SGD","WLDR","IE0002270589.USD","LU1868836914.USD","IE00B7SZLL34.SGD","MIC","LU1868836757.USD","LU2286300806.USD","LU2458330169.SGD","MU","LU1861215975.USD","XLK","LU2471134523.USD","IXN","LU0323591593.USD","IE00BSNM7G36.USD","LU0256863811.USD","LU0719512351.SGD","MUU","LU1778281490.HKD","LU1989764664.SGD","LU0820561909.HKD","CGGO","LU0109391861.USD","GB00BDT5M118.USD","SMU00main","LU2403377893.USD","FTEC","LU1674673428.USD","BK4141","LU1989764748.USD","LU2458330243.SGD","TRFK","LU1868837136.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660330142","title":"Industrial Stocks Have Higher Valuations than Tech. They Deserve It.","url":"https://stock-news.laohu8.com/highlight/detail?id=2660330142","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660330142?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:21","pubTimestamp":1787239260,"startTime":"0","endTime":"0","summary":"AI is creating trillions in stock market value, but technology isn't the sector benefiting the most. That distinction falls to rusty old industrials.Take Nordson, for example. The company isn't a 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