Micron Stock Price Edges Up Ahead of Earnings After Nvidia AI Memory Milestone
Micron Technology shares rose 0.3% to $463.01 Wednesday morning ahead of quarterly results, after announcing volume shipment of its 36GB HBM4 chips for Nvidia’s Vera Rubin systems. The company plans to build a second fab in Taiwan to boost DRAM and HBM supply, with construction set for late 2026. DRAM contract prices are forecast to jump up to 95% this quarter, driven by AI and data-center demand.