Micron Technology is trading 3.6% up now at $992.82 after announcing plans on September 3, 2026, to double high-bandwidth memory production capacity by year-end.
- Expansion includes equipment investments supporting next-generation HBM4 12-layer products, strengthening its position in the artificial-intelligence memory market and supporting Nvidia-related demand.
- Industry reporting indicates capacity could reach approximately 100,000 wafers monthly, up from roughly 40,000–50,000 previously.
- The broader market is relatively subdued; trading volume and activity-level data were unavailable.