According to @StockMKTNewz, Micron business chief Sumit Sadana told CNBC that MU can fulfill at most two-thirds of some customers’ medium-term memory requirements and that the company is sold out for 2026, source CNBC via @StockMKTNewz. Micron is building two large factories in Boise, Idaho, set to start producing memory in 2027 and 2028, and plans to bring a new fab in Clay, New York online in 2030, source CNBC via @StockMKTNewz. For traders, this provides verified data points of constrained memory supply through 2026 and staged capacity additions from 2027–2030 that are directly relevant to pricing and delivery schedules across the semiconductor supply chain; no direct crypto-market impact was stated in the report, source CNBC via @StockMKTNewz.

According to @StockMKTNewz, Nvidia (NVDA) has told some of its component suppliers to suspend production work related to the H20, a chip tailored for the Chinese market, as reported by The Information (source: @StockMKTNewz; The Information). The report specifies the action concerns production work tied to the H20 line for China and indicates the instruction was directed at some suppliers rather than a full product cancellation (source: @StockMKTNewz; The Information). The item does not mention cryptocurrencies or digital assets, focusing solely on AI hardware supply developments for the China market (source: @StockMKTNewz; The Information).

According to @FinancialTimes, President Trump stated his intention to rescind global chip curbs as part of the ongoing debate over AI restrictions. This move could boost semiconductor supply chains and drive growth in AI and blockchain sectors, potentially increasing demand for crypto mining hardware and impacting prices of related tokens. Traders should monitor chip manufacturers and AI-linked cryptocurrencies for volatility and price movements following this announcement (source: Financial Times, 2024-06-12).