Topic
ai boom
Business Micron overtakes Meta in market value as AI boom fuels rally
Micron Technology's market capitalization surpassed Meta Platforms and Tesla on Thursday, driven by a strong fourth-quarter forecast and $22 billion in customer commitments for AI memory chips. The rally reflects surging demand for memory and storage products powering artificial intelligence systems.
Supply Chain Cargo Thieves Target AI Infrastructure Supply Chains as High-Value Copper and Chip Shipments Surge
The rapid expansion of artificial intelligence infrastructure is creating a new class of high-value cargo targets for thieves. According to FreightWaves, organized crime is using fictitious pickups and carrier impersonation to steal copper, processors, and networking equipment. S&P Global projects copper demand tied to AI and data centers will more than double by 2040, increasing theft incentives. Shippers and carriers need stronger identity verification and audit trails to protect shipments.