Micron Technology, Inc. (NASDAQ:MU) is one of the Best Semiconductor Stocks to Invest In Now. On March 16, the company announced that it started volume shipment of HBM4 36GB 12H in Q1 of CY 2026. It has been designed for NVIDIA Vera Rubin. With HBM4, Micron Technology, Inc. (NASDAQ:MU) achieves more than 11 Gb/s pin speeds, allowing a bandwidth of over 2.8 TB/s. This demonstrates a 2.3 times bandwidth and over 20% power efficiency improvement compared to its HBM3E. Micron Technology (MU) Announces About S ...

3月18日，美光科技2026财年第二季度财报显示，公司营收同比增长将近两倍至约239亿美元，毛利率飙升至创纪录的75%，并给出了第三财季高 达81%的毛利率指引。同时，美光宣布2026财年资本支出将超过250亿美元，且2027财年的建筑相关支出将同比增加超100亿美元。美光盘后股价 先涨后跌，最大跌幅近5%。 市场的核心分歧点在于"钱"。在随后美光举行的电话会上，投资者最关心的问题集中在三个方面：为何要在此时开启如此庞大的资本开支计划？ 高达81%的毛利率指引是否具备可持续性？以及美光在英伟达AI芯片供应链中的真实身位。 高昂资本支出引发市场担忧 "我们预计2027财年的资本支出将大幅增加。"美光CEO Sanjay Mehrotra在会上表示。 根据指引，美光2026财年（截至今年8月）的资本支出将超过250亿美元，远超分析师预期的224亿美元。2027财年的建筑相关资本支出还将在此基 础上激增超过100亿美元。这种"烧钱"速度引发了投资者对未来自由现金流和产能过剩的担忧，并且高昂成本掩盖了强劲的销售预期。 管理层对此给出了底层的产业逻辑：现在的钱，不得不花。 Sanjay解释道，"大部分支出的增加是由无尘 ...

Core Insights - Micron Technology has commenced volume shipments of its HBM4 36GB 12H memory, designed for NVIDIA Vera Rubin, achieving over 11 Gb/s pin speeds and a bandwidth exceeding 2.8 TB/s, which is a 2.3 times increase in bandwidth and over 20% improvement in power efficiency compared to HBM3E [3][8]. HBM Product Developments - Micron has demonstrated advanced packaging capabilities by shipping samples of HBM4 48GB 16H, which provides a 33% increase in capacity per HBM placement compared to the HBM4 36GB 12H [4][13]. - The HBM4 36GB 12H is now in high-volume production, contributing to significant advancements in AI workloads and infrastructure [8]. Collaboration and Innovation - Micron emphasizes the importance of integrated platforms through collaboration with NVIDIA, ensuring that compute and memory are designed to scale together from the outset [5]. - The company’s HBM4 is positioned as a critical component for AI, delivering high bandwidth, capacity, and power efficiency [5]. SSD Developments - Micron is the first to mass-produce a PCIe Gen6 data center SSD, the Micron 9650, which is optimized for energy efficiency and supports high-speed data access for AI workloads, achieving up to 28 GB/s sequential read throughput and 5.5 million random read IOPS [6][8]. - The Micron 7600 and 9550 SSDs provide customers with PCIe Gen5 options, enhancing architectural design choices [6]. Industry Showcase - At NVIDIA GTC 2026, Micron will showcase its advanced memory and storage solutions that facilitate end-to-end AI acceleration from data centers to edge computing [7].