Prediction: Can Micron Keep Riding the AI Boom?

Prediction: Can Micron Keep Riding the AI Boom?

Micron Technology (NASDAQ:MU) has become the memory story of the AI cycle. Cloud Memory revenue hit $13.769 billion in fiscal Q3 2026 alone, and non-GAAP gross margin ballooned to 84.9%. CEO Sanjay Mehrotra called it plainly: “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in ... Prediction: Can Micron Keep Riding the AI Boom?

Micron (MU) Starts Major Japan Expansion to Boost HBM Output for the AI Boom

Micron Technology (MU) has started work on a ¥1.5 trillion ($9.3 billion) expansion of its Hiroshima, Japan, factory to ramp up production of advanced memory chips. The new facility will make high-bandwidth memory (HBM), a key part of AI processors from companies like Nvidia (NVDA). The shipments are expected to begin in 2028.4th of July Sale – 70% Off Japan’s Ministry of Economy, Trade and Industry is backing the project with up to ¥500 billion…

Micron Hiroshima fab starts $9.3bn HBM expansion

Micron Technology has broken ground on a ¥1.5 trillion, about US$9.3bn, expansion of its Hiroshima manufacturing site, adding a new cleanroom intended to increase advanced DRAM and high-bandwidth memory capacity for AI systems. The Micron Hiroshima fab expansion is being built in Higashihiroshima, western Japan, where Micron Memory Japan already runs the country’s only remaining […] The post Micron Hiroshima fab starts $9.3bn HBM expansion appea…

Micron Breaks Ground on $9.3 Billion Hiroshima Fab Expansion

Micron has broken ground on a ¥1.5 trillion ($9.3 billion) factory expansion in Hiroshima Prefecture, Japan, with equipment installation scheduled for the second half of 2028 confirming the previous reports of a new HBM plant in Japan. The Japanese government is contributing up to ¥500 billion ($3 billion), bringing its total support for Micron to around ¥775 billion ($4.7 billion) to date. For the moment, Micron remains the only overseas DRAM m…

Micron starts Japanese chip plant expansion

Micron has started construction on a new cleanroom building at its site in Higashihiroshima, in Hiroshima Prefecture.The post Micron starts Japanese chip plant expansion  appeared first on Investment Monitor.