Weekly Special Report: Micron Technology (#MICRON)

MICRON: THE COMPANY

• MICRON is a US company that designs, develops, manufactures, and sells innovative semiconductor memory (chips) and storage solutions powering everything from smartphones and PCs (Personal Computers) to data centers, automotive, and AI applications.
• FOUNDED: 1978. Micron is one of the oldest US chip makers and one of the most important technology brands in the USA.
• MICRON STOCK IS IN THE S&P 500 AND NASDAQ 100 INDEX (USA500, USA100).
• MEMORY CHIPS: electronic storage for information so the processors and AI chips can access them. Without memory, a processor has nothing to work on.
• MICRON MAIN PRODUCTS: MEMORY CHIPS

DRAM: memory used by CPUs/GPUs to run programs and process data

NAND flash: storage memory used in SSDs (modern computer storage devices that use flash memory (integrated circuits) to store data persistently).

HIGH-BANDWIDTH MEMORY (HBM): very fast, premium memory used in AI chips and AI servers.

MICRON: WHY IT MATTERS IN THE A.I. WORLD

• HIGH-BANDWIDTH MEMORY (HBM): This chip sits right next to the AI chip and feeds data extremely fast, removing the “waiting” problem. Without it, the AI training is slow, or data centers become less efficient.
• CUSTOMERS:

NVIDIA, AMD: AI Chip Designers/Makers; AMAZON, MICROSOFT, GOOGLE, META (FACEBOOK): Cloud data centers; APPLE, SAMSUNG: Memory for phones and tablets; DELL, HP, LENOVO: Memory in desktops/laptops.

• A.I. SUPPLY CHAIN ECOSYSTEM:

CHIP EQUIPMENT: ASML, APPLIED MATERIALS, LAM RESEARCH; LOGIC AND MEMORY CHIPS: TAIWAN SEMICONDUCTOR, SAMSUNG, MICRON, SK HYNIX; A.I. CHIP DESIGNERS: NVIDIA (H100, H200, BLACKWELL); AMD (MI300, MI400, MI455); AI PRODUCTS: ChatGPT, Copilot, Gemini, etc.

MICRON: EVENTS

• EVENT (WEDNESDAY, JUNE 24, AFTERMARKET): Q1 EARNINGS REPORT. The company expects approximately $33.5 billion in revenue, up from $9.3 billion a year ago, implying growth of over 200%. Analysts had previously expected $24.3 billion.

SOLD-OUT SUPPLY: Micron reported that its HBM capacity for the entire calendar year 2026 is already fully sold out, with demand continuing into 2027.

MARKET POSITION: MICRON IS THE ONLY MAJOR U.S. MEMORY PRODUCER. Micron is one of only three large-scale memory manufacturers globally and the only major U.S.-based producer of DRAM and memory hardware, alongside South Korea’s Samsung and SK Hynix, highlighting its unique strategic position in the global semiconductor supply chain.

Source: Bloomberg, CNBC

MICRON: OTHER NEWS

• BREAKING: MICRON PURCHASED NEW TAIWAN FACILITY (APRIL 2026). Micron completes acquisition of PSMC’s Tongluo P5 site in Taiwan, adding ~300,000 square feet of cleanroom space to expand DRAM and HBM capacity. The facility will be retrofitted with production expected by fiscal 2028.

Source: investors.micron.com

MICRON: PRICE ACTION

• MICRON STOCK PRICE HIT AN ALL-TIME HIGH OF $591.67 (May 4, 2026). The Micron stock price has risen by around 107% in 2026 and 635% over the past year. However, it could also decline.
• FORECAST (Source: Bloomberg Terminal): BNP Paribas forecasts $615; HSBC forecasts $750; Barclays forecasts $675. Cantor Fitzgerald forecasts $700.

#MICRON, May 5, 2026
Current Price: 588

Example of calculation based on weekly market trend for 1.00 Lot¹

1.  The above calculations are made based on 1.00 lot which is equivalent of 1,000 units
2.  Calculations for exchange rate used as of 10:00 (GMT+1) 05/05/2026

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