Amazon hikes 2026 capex to $220 billion due to higher memory costs

Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year. The stock shot up…

SanDisk Plunges 11%, Micron and Western Digital Slide 10% as Korean Market Crash Hits Memory Chips

Quick Read SanDisk (SNDK) plunged 11% while Western Digital (WDC) and Micron (MU) dropped 10% Tuesday morning, reversing off record highs after surging in 2026. The Roundhill Memory ETF (DRAM)…