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Lebanese President Aoun: Separating Lebanon from the Iran-US issue is a sovereign decision.

2026-07-03

Lebanese President Aoun: Separating Lebanon from the Iran-US issue is a sovereign decision.

Other News
2026-07-02

Shanghai silver futures contract 2608 showed significant strength during the session, with gains widening to 3.53% and prices reaching 15,143 yuan/kg. Trading volume exceeded 42 billion yuan. Open interest increased by nearly 6,000 lots during the da

Shanghai silver futures contract 2608 showed significant strength during the session, with gains widening to 3.53% and prices reaching 15,143 yuan/kg. Trading volume exceeded 42 billion yuan. Open interest increased by nearly 6,000 lots during the day, with both trading volume and open interest activity rising simultaneously.
2026-07-03

Shorting Micron Technology (MU.O) now is a recipe for disaster. Data shows that global demand for data center memory will grow from $60 billion in 2024 to $1.4 trillion in 2030. That's a 23-fold increase in six years, and this figure doesn't include

Shorting Micron Technology (MU.O) now is a recipe for disaster. Data shows that global demand for data center memory will grow from $60 billion in 2024 to $1.4 trillion in 2030. That's a 23-fold increase in six years, and this figure doesn't include mobile phones, laptops, or cars—it's just data centers. There are only three companies producing this type of memory: Samsung, SK Hynix, and Micron; there are no other competitors. What people really want now isn't ordinary DRAM, but HBM, or High Bandwidth Memory. These chips are physically mounted on Nvidia's GPUs, just millimeters from the computing cores. A single Blackwell GB200 requires 192GB of HBM, while an NVL72 rack requires 13,824GB. Meta and Microsoft are ordering these racks in units of thousands, each representing a guaranteed HBM purchase. Micron has already sold out its entire year's HBM supply before 2026 even begins. Micron has signed 16 take-or-pay contracts, securing a minimum revenue of $100 billion, with customers prepaying $22 billion in cash for chips yet to be manufactured. This isn't commodity trading; it's customers paying in advance out of fear of supply disruptions. Micron holds approximately one-third of the global memory market share—one-third of the $1.4 trillion market capitalization means that $470 billion has flowed to the company from data centers alone, not even including any consumer-grade device shipments. Shorting Micron is tantamount to betting that hyperscale manufacturers will stop building and that AI demand will disappear—a bet inherently against the tide of the times.
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