Overview
- Micron said its entire high-bandwidth memory supply is committed through 2026 and it expects to meet only about 60% of AI memory demand this year.
- The company guided fiscal Q2 revenue to roughly $18.7 billion, implying about 132% growth from a year earlier.
- Management is expanding capacity by constructing new plants and acquiring fabrication facilities to lift future output.
- Micron is exiting consumer chips to focus on enterprise customers, supplying HBM used in AI processors from Nvidia and AMD.
- Shares jumped 239.1% in 2025 and have risen about 27% so far in 2026, reflecting sustained investor optimism.