Micron

Morgan Stanley warns China’s CXMT could surpass Micron in memory capacity by 2028

A Morgan Stanley report circulating this week projects that ChangXin Memory Technologies, China's largest DRAM maker, will expand its monthly wafer capacity from 180,000 wafers in 2025 to 500,000 by 2028 — a pace that would potentially surpass Micron Technology…

Micron targets 86% gross margin as AI memory shortage persists

Micron Technology reported fiscal third-quarter 2026 revenue of $41.46 billion, a 346% increase from the year-ago period, as insatiable demand for AI memory pushed non-GAAP gross margins to a record 84.9%. The company guided fiscal fourth-quarter revenue to approximately $50…

Memory stocks rally after Nvidia flags supply crunch

Shares of memory chipmakers rallied in overnight trading on Wednesday after Nvidia reported blowout second-quarter results and identified memory availability as the primary constraint on its growth, pledging billions in new procurement commitments that underscore sustained demand for the sector.

Samsung shares slump as record $79B payout disappoints

Shares of Micron Technology fell roughly 3% in U.S. premarket trading on Monday after Samsung Electronics plunged nearly 9% in Seoul, as the Korean chipmaker's record shareholder-return plan failed to meet elevated investor expectations. The selloff rippled across the memory…

Nvidia reportedly locks multi-year DRAM deals with SK Hynix, Micron

Nvidia has reportedly signed multi-year supply agreements with SK Hynix and Micron for DRAM and high-bandwidth memory, according to a research note from Edgewater Research cited on August 20. The deals come as the global memory shortage, driven by insatiable…

Griffin says Citadel unwound 80% of risk from AI fund fire sale

Ken Griffin told Citadel clients on Friday that his firm has unwound more than 80% of the aggregate risk from the portfolio it acquired from Leopold Aschenbrenner's Situational Awareness hedge fund, conducting more than 100 block trades representing over $4…

AI memory chip shortage drives up electronics prices, stokes global tensions

A worldwide shortage of memory chips, fueled by insatiable demand from artificial intelligence data centers, is rippling through consumer electronics markets — raising smartphone prices in India, threatening to accelerate inflation in the United Kingdom, and intensifying geopolitical tensions between…

China’s YMTC becomes third-largest NAND supplier, passing Micron

China's Yangtze Memory Technologies Co. has risen to become the third-largest NAND flash supplier in the world, overtaking Micron, Kioxia, and Sandisk in shipment volume during the second quarter of 2026, according to data from Counterpoint Research published this week.

Morgan Stanley warns ‘chipflation’ pushing firms to rush hardware buys

A growing consensus among major Wall Street banks emerged this week that the global memory chip shortage — branded "chipflation" by Morgan Stanley — will persist as a multi-year headwind, driving enterprises to accelerate hardware purchases and prompting governments to…

DRAM makers hold $38B in prepayments as 5-year deals reshape chip industry

Global memory chip makers are locking customers into multi-year supply agreements at an unprecedented scale, fundamentally reshaping an industry long defined by volatile boom-and-bust cycles. Samsung Electronics, SK Hynix, and Micron collectively hold an estimated $38 billion in advance payments…

SK Hynix approves $38B chip fab expansion, lifting Micron shares

Shares of Micron Technology rose in premarket trading on Friday after South Korean chipmaker SK Hynix announced its board had approved approximately 54.3 trillion won ($38.3 billion) in investments to build new semiconductor fabrication plants, a move that lifted sentiment…

All 2027 memory chip capacity sold out amid AI-driven shortage

Samsung Electronics has warned that the global memory chip shortage will intensify in 2027 and persist through at least 2028, as artificial intelligence demand continues to outstrip production capacity. The warning, delivered during the company's second-quarter earnings call on July…

Micron surges after steep losses from CXMT’s record IPO

ChangXin Memory Technologies, China's largest DRAM manufacturer, surged 466% on its Shanghai STAR Market debut on July 27, triggering a broad selloff across the global memory chip sector that has dragged down shares of Micron Technology, SanDisk, and Western Digital…

SK Hynix CEO warns 2027 will bring worst-ever memory shortage

SK Hynix CEO Kwak Noh-jung warned Friday that 2027 will bring the worst memory chip supply shortage the industry has ever seen, with demand expected to outstrip supply beyond 2030, according to Reuters.

Micron breaks ground on $9B Hiroshima expansion for AI memory chips

Micron Technology broke ground Saturday on a ¥1.5 trillion ($9.3 billion) expansion of its semiconductor facility in Higashihiroshima, Japan, marking one of the largest single investments in memory chip manufacturing as the company seeks to challenge SK Hynix in the…

Memory chip crisis threatens small electronics makers as prices set to surge further

The global memory chip crisis driven by insatiable AI demand is entering a new, more dangerous phase — one that large technology companies can weather through price hikes and supply chain leverage, but that threatens to destroy smaller manufacturers outright.

Asian markets plunge after Apple price hikes expose AI chip squeeze

Apple raised prices on Macs, iPads, home devices, and the Vision Pro on Thursday, citing soaring memory and storage chip costs driven by the AI data center boom. The move sent Apple shares down 6.1% and helped drag the Nasdaq…

China markets record €5B euro bond as global rally builds

China kicked off marketing of up to €5 billion in sovereign bonds this week in what could be its largest-ever euro-denominated deal, as European markets rallied on Thursday buoyed by blockbuster earnings from Micron Technology and declining oil prices.

ASML, European chip stocks rally after Micron’s blockbuster earnings

ASML shares climbed more than 3.5% in early European trading on Thursday, June 25, as a broader technology rally swept the continent following blockbuster quarterly results from Micron Technology that reinforced investor confidence in AI-driven chip demand.

Asian stocks surge after Micron’s record earnings ease AI fears

South Korean and Japanese stocks rallied sharply on Thursday as investors rushed back into semiconductor names following record-breaking quarterly results from Micron Technology, which reported after the U.S. market close on Wednesday. The earnings report helped ease fears about the…

Micron, Qualcomm forecasts add $400B to chip stocks

Semiconductor stocks surged in after-hours trading on Wednesday after Micron Technology posted record quarterly results and Qualcomm unveiled an ambitious data-center strategy, together adding more than $400 billion in market capitalization to the chip sector and reinvigorating Wall Street's AI…