Micron Technology Inc (MU) CEO says Co. has completed agreements on price and volume for calendar 2026 HBM supply, expect tight memory market conditions to persist beyond calendar 2026
Says:
- Server demand strength is expected to continue in 2026.
- Data center NAND portfolio revenue exceeded USD 1bln in fiscal Q1.
- Capital expenditure for 2026 is expected to increase to USD 20bln from a prior estimate of USD 18bln.
- First wafers from the new Idaho fab are expected in early 2027, earlier than previously anticipated.
- The second Idaho fab is expected to be operational by 2028.
- Construction on the New York fab is expected to start in 2026, with the facility becoming operational by 2030.
17 Dec 2025 - 21:35- ForexImportant- Source: Newswires
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