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Semiconductor revenue is on track to hit one point five trillion dollars this year, and memory chips are driving the lion's share of that growth. Micron sits at the center of that story, with AI infrastructure demand creating sustained appetite for high-bandwidth memory that analysts say isn't a cycle — it's a structural shift.
Staying in the AI trade, Vertiv is drawing serious attention from investors betting on the power infrastructure behind data centers. The company enters this year with a strong order backlog and clear demand visibility, and some analysts are running the math on a potential revenue doubling before the end of the decade — a projection grounded in contracted business, not wishful thinking.
On the enterprise software side, Elastic has made a notable turn. The company has moved from loss-making growth into meaningful profitability heading into fiscal twenty twenty six, with AI-powered search becoming a genuine retention tool for enterprise customers — the kind of sticky product dynamic that tends to command a premium valuation over time.
That's the tape. Markets Desk, signing off the floor.
