$MU

The U.S. International Trade Commission (ITC) is investigating Micron (MU), Supermicro (SMCI), and HPE (HPE) for potential patent infringement of Netlist (NLST) memory technology. Netlist seeks exclusion and cease-and-desist orders. Shares of MU, SMCI, and HPE traded lower, with SMCI down 3.4%. Netlist's CEO cited a recent Samsung settlement as a benchmark for its IP value. Micron previously won a legal case against Netlist, invalidating five patents.

Advanced Micro Devices (AMD), CrowdStrike (CRWD), Dell (DELL), DigitalOcean (DOCN), Fortinet (FTNT), Hewlett Packard Enterprise (HPE), Intel (INTC), Lumentum (LITE), Marvell (MRVL), and Micron (MU) lead tech stocks with A+ Momentum Grades, indicating strong price performance. AMD gained 203%, CrowdStrike 165.6%, and Dell 205.27% in six months, according to Seeking Alpha's Quant Momentum Grade.

Micron is discontinuing its 2GB GDDR7 memory chips, used in some Nvidia GeForce RTX 50 GPUs, according to reports. The company is shifting focus to higher-density 3GB GDDR7 chips for AI GPUs, citing higher margins. Micron's exit from the 2GB segment is seen as strategic to free up production capacity.

Acer's Jason Chen claims memory chip shortages are over, citing increased Chinese production. He argues dominant suppliers (Samsung, SK Hynix, Micron) signal coordination to maintain prices. Chen expects price declines by mid-2027, with Chinese chips already in products from Acer, HP, Asus, and Lenovo. He links memory price hikes to inflation, urging Fed attention.

The U.S. International Trade Commission (ITC) has launched an investigation into Micron Technology, Super Micro Computer, Hewlett Packard Enterprise, and Lenovo over alleged patent infringement by Netlist, Inc. (NLST). The case involves memory products and four Netlist patents, with a potential import ban if infringement is found. Netlist seeks exclusion and cease-and-desist orders. The ITC typically reaches a verdict within a year.

JPMorgan's report dismisses concerns over HBM specification downgrades, projecting 63% demand CAGR through 2026–2028. Samsung, SK Hynix, and Micron are key players, with HBM market expected to reach $160B–$282B by 2027–2028. ASIC demand is set to surpass GPU, and HBM prices are projected to rise 54% YoY in 2027 and 25% in 2028.

Global investors announced $538 billion in 'greenfield' FDI in H1 2026, with AI infrastructure driving capital flows. Communications sector led with $139.3 billion, primarily for data centers. SoftBank committed $50 billion in French data centers. Energy sectors followed, with renewables attracting $73.3 billion and fossil fuels $44.7 billion. Semiconductors saw $38.8 billion in FDI, including Micron's $24 billion Singapore investment.

Micron expects Q4 revenue of $50B, up over 3x YoY, driven by AI memory demand. The company is gaining ground on Samsung and SK Hynix in HBM4. Q3 revenue was $41.46B, with net income of $28.24B. HBM4 production and long-term contracts are key focus areas. Analysts watch 2028 outlook for share price direction.

Bank of America and UBS maintained 'buy' ratings on Micron Technology (MU), citing strong memory demand, pricing, and potential shareholder returns. BofA expects gross margins around 80% through 2027, supporting earnings of $150-$200 per share. UBS forecasts Q4 revenue of $52B, gross margin of 87.6%, and significant share repurchases in 2027. Both firms highlight memory pricing and capital returns as key growth factors.

SK Hynix (SKHY) shares fell 3% to $189.79 despite Wolfe Research raising its price target to $250. Wolfe projects SK Hynix and Micron (MU) could repurchase 32% and 25% of their market caps by 2027. SanDisk (SNDK) dropped 3%, and Micron slid 2%. The Roundhill Memory ETF (DRAM) fell 3%, outpacing the QQQ's 0.87% decline, indicating sector-wide selling.