New York, February 25, 2026, 10:03 AM EST — Regular session
- Micron climbed roughly 3% at the open, recovering some ground after losing traction the previous session.
- The company has scheduled its fiscal second-quarter results and call for March 18.
- Chip shares held up, with traders eyeing Nvidia’s earnings set for release later Wednesday.
Micron Technology (MU) climbed 3.2% to $431.59 shortly after the open on Wednesday, jumping from Tuesday’s close at $418.01. Chip names steadied before Nvidia was due to report its results later in the day. (Google)
This shift is notable, with investors weighing whether the AI rally has regained momentum or is just pausing for now. Wall Street started Wednesday in positive territory, nerves about AI spending and tariffs having calmed somewhat. But any fresh update from Nvidia could easily jolt the market again. (Reuters)
Micron tossed in a near-term marker of its own, announcing late Tuesday that it’s set to report fiscal Q2 earnings and host its conference call on March 18. That’s now the day investors are watching for the latest signals on memory pricing and demand. (Micron Technology)
A boost for chip stocks isn’t just supplier-driven this time. AMD’s latest multiyear AI tie-up with Meta caught attention, with Mizuho’s Jordan Klein labeling it a “confidence builder” for AI compute’s momentum and size. He also pointed out that memory and storage names like Micron could see demand ripple their way. (MarketWatch)
Nvidia is up next. The chipmaker will release its quarterly numbers and hold a conference call Wednesday afternoon in the U.S. Traders tend to treat Nvidia’s comments as a bellwether for data-center demand along the supply chain. (NVIDIA Newsroom)
Micron stands out among DRAM and NAND chip suppliers. These are the core components handling data storage and essential system functions, whether it’s a PC or a server. In the AI server space, high-bandwidth memory (HBM) comes into play — it stacks DRAM to deliver faster data movement while using less energy, a key feature for current AI accelerators.
Micron’s stock now reacts more sharply to any AI buzz than it did before. When Nvidia highlights orders or ramps up capacity, memory stocks like Micron can rally just on that signal.
Still, it’s a two-sided bet. Memory markets swing with the cycle—if AI demand tapers off, or supply ramps up quicker than forecasts, chip prices and margins can take a hit and that “tight market” narrative flips to one of oversupply in a hurry.
Investors are eyeing just how much of the action is down to positioning. There’s been a heavy pile-up in AI-related chip names—when the story falters, the exit can get brutal.
Nvidia’s numbers are out. Now, eyes shift to Micron, which will post results and hold its call on March 18. Investors want to hear about demand trends, what Micron says on pricing, and whether there’s any shift in how management talks about supply discipline.
