Micron Technology’s fiscal second-quarter revenue nearly tripled year-on-year and earnings per share rose nearly eightfold, but shares fell after the chipmaker said it would spend over $25 billion on new manufacturing facilities in fiscal 2026, about $5 billion more than prior forecasts.

Micron Technology saw its stock triple in 2025 and rise nearly 62% so far in 2026, driven by strong demand for memory-intensive artificial intelligence chips from Nvidia, which has led to supply shortages.

U.S. semiconductor company Micron Technology announced plans to build a second manufacturing facility in Taiwan after acquiring the Tongluo P5 site from Powerchip Semiconductor Manufacturing Corp.

Samsung Electronics shares climbed to a record KRW200,000, capping a powerful six-month rally that has pushed the stock close to 200% higher as demand for memory chips surges.

U.S. memory chip maker Micron Technology is set to announce a new investment to expand memory chip manufacturing capacity in Singapore, according to three people briefed on the matter, as the company moves to boost production amid a severe global memory shortage.

Micron Technology’s shares in Europe surged nearly 12% after the U.S. chipmaker issued an upbeat forecast for its second quarter.

U.S. chipmaker Micron Technology plans to invest 1.5 trillion yen ($9.6 billion) to build a next-generation memory chip plant in western Japan.

Micron Technology will halt the supply of server chips to Chinese data centers after its business failed to rebound from Beijing’s 2023 ban on the company’s products used in critical infrastructure, according to two people familiar with the matter, News.Az reports, citing Reuters.