Micron Technology's #1 Whale Holds $26.7 Million Long Position, with an Unrealized Gain of $3.4 Million

June 17 — U.S. President Donald Trump says the market is very pleased with the Iran deal, noting that “there’s nothing smarter than the market.” He added that the Strait of Hormuz is partially open and will be fully operational in one or two days, a development driving falling oil prices. Trump also stated that oil prices may drop below pre-war levels, but dismissed reports about a $300 billion Iran-related fund as untrue, clarifying the U.S. has not set up any such investment fund for Iran.

June 17: Citi Raises Price Target for Micron Technology to $1,200 From $840 in Its Latest Research Report

June 17: Cantor Fitzgerald released an updated research report on CoreWeave (CRWV) on June 16, retaining its Buy rating for the firm and setting an unadjusted target price of $167. Analysts at Cantor are bullish on CoreWeave’s leading standing in the AI infrastructure segment, highlighting the company’s robust order backlog as a key sign of solid positive business growth momentum.

June 17 – Per Hyperinsight Monitoring data, as of 18:00 ET on June 17, within Hyperliquid’s HIP-3 Traditional Market, SKHX (SK Hynix) led all gains, notching an 8.10% 12-hour increase and hitting a current price of $1,648.00 with $87.52 million in 24-hour trading volume. The top five entries on the leaderboard consist entirely of semiconductor sector assets: SMSN (Samsung Electronics) ranked second with a 3.96% 12-hour gain and $24.72 million in 24-hour trading volume; the DRAM Spot Index rose 3.83% on $43.95 million in volume; ASML added 3.54%, and ARM climbed 2.46%.

June 17 – Citadel Securities warned the market may be underestimating the risk of Federal Reserve interest rate hikes, as inflation has proven more persistent than expected. The firm cited strong wage growth, resilient demand, lingering supply chain pressures and booming AI investments as key factors sustaining ongoing price pressures.

On June 17, Mizuho Securities released a new report addressing market jitters over delays to two key technologies: Co-packaged Optics (CPO) and 800VDC High-Voltage DC. The firm notes that while CPO’s long-term trajectory remains intact, the real alpha will come from beneficiaries during the transition phase—not just the eventual leaders. Both CPO and 800VDC are critical upgrades for AI servers over the next half-decade: CPO cuts power use and latency drastically, while 800VDC boosts single-rack power from 60kW to above 600kW. That said, full-scale deployment will take time, and market nervousness is overblown. The report reiterated medium- to long-term upside for stocks including LITE, AVGO, AAOI, and CRDO. Bottom line: CPO and 800VDC aren’t “delayed”—they’re rolling out in phases. The sweet spot for 2026–2027 is capturing transitional dividends from NPO and ±400VDC before shifting to the final technologies. AI server rack power density demand keeps climbing, so the key is to map o