TradingKey – Relying on strong AI demand, more memory per system, and sluggish supply response, 2026 will be the memory cycle. Micron Technology (MU) is now in an excellent competitive position today with HBM3E and looking to ramp HBM4E into Nvidia’s Vera Rubin platforms in the second half of 2026.
Demand is strong, with 2026 HBM capacity reportedly fully booked, and short-term earnings are expected to show sharp growth in revenue and profit. Despite a strong run in MU stock, valuation on forward estimates is still under the broad market averages.
What is Micron?
Micron Technology is a memory maker. It makes DRAM and NAND flash memory, as well as High-Bandwidth Memory (HBM) for use in smartphones, PCs, data center servers, and Artificial…
