MU: AI Ignites Memory; Supercycle Starting?The bull market narrative for chip stocks is still in the "main rising wave"! In 2026, the allocation theme will focus on AI chips, semiconductor equipment, and optical interconnectsThe mystery of "liquidity tightening" in the U.S. market revealed? JP Morgan withdrew nearly $350 billion from the Federal Reserve account and invested it in U.S. TreasuriesMicron conference call: "Good days are still ahead!" CEO bluntly states that HBM will be sold out in 2026 and is signing "unprecedented" long-term contractsCode name "TorchTPU"! Google and Meta join forces to replicate CUDA, further threatening NVIDIAU.S. stock night trading | Most storage concepts rose, Micron Tech surged over 8%, cannabis stocks climbed, Canopy Growth rose over 11%A new AI bullet is coming! Reports indicate that OpenAI is exploring financing of "tens of billions or even $100 billion."Tomorrow, Japan's interest rate hike is "set in stone," and the market is focused on "how to proceed next"?Elon Musk claims that Gates' short position on Tesla may have resulted in losses exceeding $10 billionGold vs 10-Year Treasury YieldOracle close to "halving": Is it all my fault?Strong demand for chips, Micron's performance and guidance both "explode," increasing capital expenditure, stock price surges over 6.7% after hoursReminder: Please pay close attention to the following (all in Beijing time)Energy inflation important barometer! AI electricity consumption surges, the largest power grid auction price in the U.S. hits a new high, households and businesses foot the billOvernight U.S. stocks | Three major indices closed lower, Tesla fell over 4.6%, spot gold rose 0.84%December 18th External Headlines: Micron Tech announces strong revenue outlook, Amazon restructures AI department, the US aims to pressure Russia into accepting a peace agreement with a new round of sanctionsTo become the Costco of the healthcare industry, Medline raised $6.26 billion, creating the largest IPO of the year, with a debut surge of over 40%Top 20 U.S. stock trading volumes on December 18: Analysts say Tesla's automotive business is worth only $30 per shareAmazon restructures AI department: integration of chip, quantum computing, and AGI businessTrade tensions between Switzerland and the United States have further eased, with Novartis and Roche expected to reach a drug pricing agreement with the U.SIn the first fiscal quarter, Micron Tech's adjusted revenue was USD 13.64 billion, while analysts expected USD 12.95 billionApple plans to significantly expand its iPhone businessTo become the Costco of the healthcare industry, Medline raised $6.26 billion, creating the largest IPO of the year, with an intraday increase of over 30% on debutU.S. Treasury Secretary Becerra: Any concerns about Hassett's qualifications to serve as Chairman of the Federal Reserve are absurdIn the United States, CLO sales are expected to reach USD 201.5 billion in 2025, setting a new historical recordGoogle releases the more efficient Gemini 3 AI modelChallenge OpenAI for months! Google releases the more efficient Gemini 3 Flash, the default model for apps, enhancing search capabilities upon launchTesla's autonomous taxi project has made progress, providing evidence for investors to realize their artificial intelligence dreamsGoogle partners with metaverse platforms to try to weaken Nvidia's software advantageAI demand ignites a "rush for orders"? Micron's earnings report preview: customers scramble for 2027 capacity, profits expected to doubleCalifornia judge rules Tesla's FSD advertising misleads consumersFederal Reserve Governor Waller: There is room for further rate cuts, but there is no need to rush into actionUS STOCKS SNAPSHOT-Wall St subdued at open as investors eye policy outlook; Oracle slidesWarner Bros.: Advises shareholders to reject Paramount's "inferior" acquisition, board unanimously supports Netflix's proposalInvesting 21 million yuan, CZBANK executives' excessive shareholdingFederal Reserve's latest survey: Corporate CFOs expect U.S. prices to rise by 4.2% next year, with tariffs remaining the biggest concernNebius launches a new generation AI cloud platform equipped with NVIDIA Blackwell Ultra chips to directly compete with CoreWeaveReport: Oracle's $10 billion AI data center financing is hindered as long-term partner Blue Owl withdrawsWBD recommends shareholders accept Netflix's acquisition offer, stating it is superior to Paramount GlobalZhitong Hong Kong Stock Analysis | CICC resumes trading, major financials take the lead, giants go public, AI becomes active againU.S. Stock Market Outlook | Trump to Deliver National Address or Interview Federal Reserve Chair Candidate WallerCan U.S. companies withstand the inflation defense line, and will the tariff impact peak in 2026?