Bank of America reiterates its buy rating on Micron (MU), with a target price of $1550, which is approximately 61% higher than the stock price of $963. SanDisk expects an average annual growth rate of nearly 15% in future sales, with a gross profit margin of over 80% by the fiscal year 2030. Bank of America expects Micron's earnings per share for FY30 to reach $200 to $250, with the potential for a price to earnings ratio of 12 to 15 in the future. Bank of America expects Micron's free cash flow over the past 12 months to exceed $80 billion after the expiration of restrictions related to the CHIPS Act on December 9, 2026. Micron needs to pay attention to whether the high gross profit margin can be sustained, whether the management can implement the capital return plan, as well as HBM demand and price trends in the future.

The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million.

AI chip startup Etched has raised $700 million at a valuation of $21 billion, led by Jane Street. Less than a month ago, Etched completed a $300 million financing at a valuation of $10.3 billion. Jane Street has become the first customer to purchase a complete machine rack equipped with Etched AI acceleration chips. The company has accumulated over $1 billion in orders and has begun delivery. Etched built its own server component factory in Taiwan, China, China. After the first batch of test chips were delivered from TSMC, it ran through AI reasoning workload in 44 days.

The loan scale of Morpho Blue has reached its highest point since October 2025 and is close to a historical high, with Robinhood and Base driving new loan amounts exceeding $650 million. （Messari）

[Main Password: BlackRock reiterates bullish view on Bitcoin, main trader trades $18.11 million betting on this direction] Key funds shift with $18.11M—will market confidence rise?