Micron Technology shares rose approximately 2% on Friday. Research firm Semianalysis issued a cautious report reducing Micron’s projected HBM4 orders for Nvidia to zero. The firm cited performance concerns and expects SK Hynix and Samsung to serve as the primary suppliers for the next-generation chips.
Broader market optimism regarding AI infrastructure supported the stock price. Amazon announced a $200 billion capital expenditure plan for 2026. Analysts expect this spending to drive significant demand for data center memory chips, potentially offsetting the loss of specific Nvidia orders.
Market experts highlighted Micron’s strong position within the AI memory sector. The stock currently offers an attractive valuation following a recent price decline.