On September 9, Micron Technology rose 3.43% in regular trading, trading at $1,033.665/share, with turnover of $53.75 billion. The rally was driven by a bullish UBS report on the semiconductor cycle and continued momentum from AI-related memory demand.

UBS projected global semiconductor revenue to reach $1.63 trillion, up 118% year-over-year, and noted that leading indicators — including foundry utilization rates, packaging equipment demand, and memory chip profitability — all support the current upcycle extending through at least 2028. UBS also forecast Q3 DDR prices rising 22% quarter-over-quarter and NAND contract prices climbing 20%, underscoring robust pricing momentum despite a temporary dip in shipment volumes.

Micron has announced plans to nearly double its HBM monthly production capacity to approximately 100,000 wafers by year-end, narrowing the gap with SK Hynix and Samsung. The company is ramping HBM4 12-layer products targeting NVIDIA's Vera Rubin architecture. Meanwhile, the launch of OpenAI's Astra model further fueled demand expectations for memory infrastructure. Within the semiconductor sector, SK Hynix rose 5.49% and Marvell Technology gained 6.57%, reflecting broad strength across memory and AI chip names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)