• MU is trading at $1002.60 (up 3.6%) in pre-market sessions.
  • The surge is driven by broader semiconductor strength, continued optimism for AI-related memory demand, and the announcement of a $9.3 billion (1.5 trillion yen) expansion of its Hiroshima plant in Japan for advanced AI memory production.
  • This significant investment aims to meet soaring demand for high-bandwidth memory (HBM) crucial for AI accelerators.