Micron Technology’s stock continues to trade in a bull market, positioning it among the strongest-performing companies in the United States.

Intel, Micron, and Sandisk stocks extended their recovery on Wednesday, bouncing for a second consecutive day as semiconductor shares regained momentum ahead of Nvidia’s quarterly earnings report.

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.