The Latest Breaking News from Micron

Here's all we know about skyrocketing memory prices and what's causing it.

Micron Technology is gearing up to release its fiscal first-quarter earnings soon, and analysts project a substantial earnings increase.

Micron is well-positioned for an unprecedented demand boom driven by AI centered on HBM3E capability, which will last for years.

CXMT is reportedly planning to go public, hoping to raise $2.5 to $6 billion in fresh funds.

Nvidia and TSMC have produced the first Blackwell wafer at TSMC’s Arizona fab, marking a historic step in bringing advanced AI chip manufacturing to the U.S.. However, the chip still relies on Taiwan for final CoWoS-L packaging, which leaves the achievement largely symbolic for now.

Micron is reportedly preparing to halt sales of server memory chips to data centers in mainland China, after its business there failed to recover from a 2023 cybersecurity ban.

With global AI investments showing no signs of slowing, Micron’s solid presence in the memory and storage solutions positions it well to deliver considerable growth.

Semiconductor equities faced sharp selling pressure on Friday, with shares of Nvidia Corporation (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Marvell Technology, Inc. (NASDAQ:MRVL), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), Intel Corporation (NASDAQ:INTC), Arm Holdings plc (NASDAQ:ARM), and Micron Technology, Inc. (NASDAQ:MU) all trading lower amid intensifying geopolitical friction between Washington and Beijing.

Micron Technology Inc. (NASDAQ:MU) shares fell 3.84% in pre-market trading on Friday after a report emerged that the U.S. chipmaker will withdraw from China's data center market, ending a difficult chapter marked by Beijing's 2023 ban on its products in critical infrastructure.