AMD and Micron surge, Lam Research climbs 17% as chip stocks rip higher

Strong earnings from Lam Research, Microsoft and Arm boosted hard-hit semiconductor stocks.

Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said.

1 min readJul 29, 2026 09:25 AM IST Sensex gained 700 points higher on Wednesday morning.The markets made significant gains on Wednesday morning with Sensex opening 700 points higher and Nifty seeing over 200 points rise. According to the morning trade data, Sensex was trading at 77,446 at around 9:20 am, seeing a rise

Shares in major U.S. chip and memory companies, including Micron, Sandisk, and Intel, are sinking this morning in premarket trading after the stock prices of similar companies in Asia got hammered hard. Here’s what you need to know—and what’s behind the current fall in chip stocks. What’s happened? It was a bad day fo