$MU

Major US companies, including Micron Technology, Vanguard, and financial firms like Goldman Sachs and JPMorgan Chase, are contributing to Trump Accounts, a tax-advantaged child investment program. Eligible children born between 2025 and 2028 receive a $1,000 federal contribution, with employers and others adding funds. Micron committed $250 million, while other firms announced various matching programs and contributions.

Micron (MU) reports Q4 earnings on Sept. 30, with strong guidance and Q3 revenue up 346% YoY to $41.5B. However, the Fed's Sept. 16 rate decision, with a 60% chance of a hike, may impact MU stock more significantly. Higher rates could affect investor confidence in sustained memory pricing, despite Micron's strong financial position and strategic customer agreements.

Micron Technology (MU) is rated Buy due to AI-driven memory shortages in DRAM and NAND, not just HBM. Demand from Dell and HPE, along with supply constraints, is expected to sustain elevated earnings until at least FY2028. Analysts project $215 EPS for FY2028, with a 7x multiple suggesting a $1,500 fair value.

Oil prices fell, with Brent crude at USD 95.26 and US crude at USD 90.84 per barrel. Asian shares rose, tracking Wall Street gains. Dell surged 15.8% on strong earnings, while Nvidia, Meta, and Micron also gained. The US 10-year Treasury yield dropped to 4.77%. The yen strengthened against the dollar.

CEOs of Apple, Tesla, Amazon, and Nvidia discussed rising memory prices and tight supply during earnings calls. Apple, Tesla, and Nvidia mentioned paying higher costs for memory, while Amazon increased its capital expenditure budget due to higher memory costs. Micron and Sandisk are positioned to benefit from the increased demand and pricing power in the memory market.

Samsung Electronics (005930.KS) increased its HBM market share to 33% in Q2, up 12 points from Q1, narrowing the gap with SK hynix (000660.KS) at 50%. Samsung's HBM4 shipments contributed to $1B in revenue. SK hynix's share fell 8 points. Micron's share dropped 3 points to 18%. HBM4 demand is rising, with a price premium over HBM3E.

Semiconductor firms like SK Hynix and Samsung Electronics face labor disputes over bonuses, with some unions rejecting deals. Experts suggest shifting to long-term equity compensation like RSUs to retain talent. SK Hynix's bonus deal was narrowly rejected, while Samsung avoided a strike with a last-minute agreement. Micron's Taiwan union also threatens a strike over bonus demands. According to the Tax Journal, Samsung and SK Hynix contributed 92.6% of a 522.5% year-over-year increase in corporat

Micron Technology (MU) and four gold miners, including Wheaton Precious Metals (WPM), appeared on top stock lists. MU rose 2.4%, WPM gained 4%. Tarsus Pharma (TARS) surged 12%.

Leopold Aschenbrenner's Situational Awareness fund sold its public equity portfolio, including 2.5M shares of SanDisk (SNDK) and 4.8M shares of Micron (MU), due to July losses and margin pressure. SanDisk reported $2.98B in Q4 data-center revenue, while Micron supplies high-bandwidth memory for AI. Both stocks fell over 30% in July. Other hedge funds increased positions in these stocks in Q2.

Billionaire Philippe Laffont's Coatue Management increased its stake in Micron (MU) from 166,000 to 3.1 million shares in Q2. Micron's stock has risen 225% in 2026, driven by high demand for memory chips in AI. Despite a 20% drop from its June high, analysts see potential for further growth due to continued supply constraints and strong earnings.