2026년 2월 7일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Micron Technology (NASDAQ:MU) stock climbed about 2% Friday morning, shrugging off a cautious note on its high-bandwidth memory (HBM) outlook.
Semianalysis cut its forecast for Micron's share of Nvidia's (NASDAQ:NVDA) next-generation HBM4 chips to zero. The research firm cited performance concerns and now expects SK Hynix and Samsung to supply the bulk of the memory.
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Despite this, Micron was initially boosted by Amazon's (NASDAQ:AMZN) $200 billion capital expenditure plan for 2026. Analysts see the spending as a potential driver for demand in memory chips across data centers.
HBM memory is a key component for advanced AI processors. Losing Nvidia's HBM4 orders may limit Micron's growth in the high-margin AI segment. However, broader market demand could offset some of the impact.
Shares of Nvidia rose more than 6% on expectations for strong AI chip adoption, while Amazon slipped about 8% following its capital-intensive forecast.
Investors are watching how Micron balances AI memory opportunities with ongoing market pressures, including competition from SK Hynix and Samsung.
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