MU is trading about 4% up at $781.00 in pre-market trading after Micron highlighted a faster-than-expected ramp of its sixth-generation HBM4 AI memory.
- The company reported improving yields and confirmed that TSMC has been tapped to supply base logic dies for Nvidia’s upcoming Rubin GPUs using Micron's HBM4 technology.
- Micron’s AI-focused capacity and roadmap update is acting as the primary catalyst for the stock, which is currently outperforming broader U.S. equity futures.