Back to today’s briefing

Story perspectives

Micron Technology Projects 40% HBM Growth, Plans $20B Investment

1/21/2026

32 4 Full Breakdown

Summary

Story summary

Micron Technology is set to outperform in 2026 due to surging demand for high-bandwidth memory for AI chips.
The company posted 57% revenue growth in fiscal Q1 and adjusted EPS rose to $4.78, up 2.7x.
Micron forecasts the HBM market to grow 40% annually to $100 billion by 2028.
Micron plans capex to $20 billion and will build a New York facility this year, with a second Idaho fab in 2027.

1 of 1

Story summary

Micron Technology is set to outperform in 2026 due to surging demand for high-bandwidth memory for AI chips.
The company posted 57% revenue growth in fiscal Q1 and adjusted EPS rose to $4.78, up 2.7x.
Micron forecasts the HBM market to grow 40% annually to $100 billion by 2028.
Micron plans capex to $20 billion and will build a New York facility this year, with a second Idaho fab in 2027.