BlockBeats News, June 1st – Over the weekend, the US stock market, especially tech stocks with a focus on AI-related semiconductor and storage (memory) sectors, continued to stir up market debate. Both Hynix and Micron Technology (MU) joined the trillion-dollar market cap club last Tuesday and Wednesday, alongside Samsung Electronics, becoming the "new nobility" in the AI memory chip field. This milestone is directly linked to the AI computing power surge's supercharged demand for high-bandwidth memory (HBM), DRAM, and NAND flash memory—AI data center construction is causing a severe global memory chip shortage. Micron has confirmed that its HBM production capacity for the entire year 2026 has been fully sold out, significantly enhancing its pricing power.

On Trade.xyz, after experiencing slight gains, both MU and Hynix broke through the $1000 mark this morning, with a 3.27% increase in the past 24 hours. Hynix also saw an upward trend over the weekend without a pullback, and after a minor drop following the opening of the Korean stock market, SK Hynix rebounded with a 0.68% increase in the past 24 hours.

Investment banks such as Goldman Sachs simultaneously raised earnings forecasts for SK Hynix and Samsung, expecting a substantial growth in profitability from 2026 to 2028. The reason cited is that the demand for AI training, inference, and smart body systems far exceeds the supply. The storage sector as a whole is heating up, with products like the Roundhill Memory ETF (DRAM) attracting attention due to their heavy holdings of Micron, Hynix, and Samsung. Investors see them as the "golden ticket" to AI infrastructure. However, the market also reminds of the traditional "boom-bust" cycle risk in the memory industry, with some analysts warning that the current uptrend has reached a peak.

In overnight trading, US stock futures edged up slightly, driven by optimistic AI sentiment. Nasdaq 100 futures rose by about 0.45%, S&P 500 futures rose by around 0.23%-0.24%, and Dow futures inched up by about 0.1%, indicating that tech stocks are expected to continue their strength at Monday's opening.

On social media platforms, Micron's breakthrough above $1000 sparked discussions, making the storage leader a focus of capital, with related Korean stock targets also hitting new highs simultaneously. Overall, the AI supercycle is still ongoing, with the semiconductor sector, especially the AI memory/storage sector, still attracting funds in the short term. However, investors need to keep an eye on macro data, such as the upcoming jobs report, and potential pullback risks.