Micron Technology (MU) Gains from Insatiable Demand For Computing Power - Yahoo Finance

In Q1 2026, while overall equity markets performed poorly, Micron Technology benefited from surging global demand for computing power. According to Burke Wealth Management's investor letter, despite t... Read original →

Micron’s surge reflects the AI-driven memory bottleneck, not just market sentiment. Soaring HBM and DDR5 demand is accelerating EUV adoption in DRAM fabs and triggering a CoWoS packaging arms race among TSMC, Samsung, and Taiwan-based foundries—tightening the compute-memory-interconnect triad. Geopolitically, U.S. export controls are forcing Micron to shift advanced memory production to Japan and India, inflating capex and extending lead times. In response, Samsung has launched its 'AI Memory First' initiative, while SK Hynix deepens co-design partnerships with Microsoft Azure to lock in hyperscalers. Over the next 12–24 months, as global hyperscaler capex exceeds $600 billion, memory will become the most inelastic layer of AI infrastructure. Control over HBM4 and CXL-enabled memory ecosystems will dictate pricing power—not just market share.