New York, Jan 30, 2026, 09:39 EST — Regular session
- Micron shares climbed roughly 3% in early trading, extending a two-day winning streak
- Apple and Samsung signal rising memory costs amid AI-driven supply pressures
- Insider sale filing draws attention; upcoming catalysts are the Feb. 11 investor event and mid-March earnings
Micron Technology shares climbed 2.9% to $448.64 in early Nasdaq trading Friday, pushing higher from a midweek rally despite the Nasdaq index sliding roughly 0.4%. The stock jumped 6.1% on Wednesday and held steady on Thursday. (Investing)
This shift is significant since memory chips remain a volatile market, yet investors view AI server demand as a shock outpacing supply. For Micron, fluctuations in DRAM (working memory) and NAND (flash storage) prices can rapidly impact profit forecasts.
Apple weighed in on the chip shortage on Thursday. CEO Tim Cook revealed memory prices have jumped “significantly,” squeezing profits this quarter as chipmakers divert more capacity to high-bandwidth memory (HBM) for AI servers. Macquarie Equity Research pegged SK Hynix as last year’s HBM leader with a 61% market share, well ahead of Samsung’s 19% and Micron’s 20%. At the same time, IDC and Counterpoint forecast at least a 2% drop in global smartphone sales in 2026, alongside a 4.9% decline for PCs. (Reuters)
Samsung, the world’s leading memory chipmaker, warned this week of a “significant shortage of memory products across the board” that’s likely to continue. A company exec added that supply growth should remain tight through 2026 and 2027. The firm is ramping up production of next-gen HBM4 chips, aiming to ship them in February to a “major customer,” and expects HBM revenue to more than triple this year. Tobey Gonnerman, president of semiconductor distributor Fusion Worldwide, noted chipmakers like Samsung are “in the enviable position of being able to dictate price, terms, etc more than ever.” (Reuters)
Micron revealed fresh insider selling late Thursday. Chief Legal Officer Michael Charles Ray offloaded 12,268 shares on Jan. 27 across several trades, with weighted-average prices mostly in the low-$400s, per a Form 4 filing. These sales followed a pre-arranged Rule 10b5-1 trading plan set up in April 2025, leaving Ray holding 74,675 shares. (Micron Technology)
Micron kicked off construction this week on a cutting-edge wafer fab inside its Singapore NAND complex. The $24 billion project will roll out over the next decade, with production slated for the latter half of 2028. “Micron’s leadership in advanced memory and storage is enabling the AI-driven transformation,” said Manish Bhatia, the company’s global operations chief. The initiative is expected to generate around 1,600 jobs. Meanwhile, Micron’s Singapore HBM packaging plant is still on track to start output in 2027. (Micron Technology)
The squeeze propping up prices cuts both ways. If phone and PC manufacturers reduce memory content, delay orders, or resist contract price hikes, the shortage tale that’s buoyed sentiment could quickly flip into a demand slump.
Traders will be eyeing the upcoming update on Micron’s supply allocations, looking for clues about how much capacity is shifting to HBM, which runs alongside AI processors to speed up data movement. Micron’s executives are set to present at the Wolfe Research Auto, Auto Tech and Semiconductor Conference in New York on Feb. 11, the company announced. (Nasdaq)
Micron’s fiscal second-quarter earnings report, set for March 18 after the close, is the next big event on the calendar. According to Yahoo Finance’s earnings calendar, investors will focus on updates about DRAM and NAND pricing as well as the speed of Micron’s HBM4 rollout. (Yahoo)
