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Micron Technology Surges on Taiwan Expansion and Pre-Earnings Momentum Ahead of Wednesday Report

Micron Technology shares jumped more than 6% on Monday after the chipmaker confirmed it had completed the $1.8 billion acquisition of Powerchip Semiconductor's Taiwan P5 manufacturing site and announced plans to build a second comparable facility at the same Tongluo location. With Q2 FY2026 earnings due Wednesday and analysts projecting $18.7 billion in revenue, Micron's aggressive capacity expansion for high-bandwidth memory positions it as a key beneficiary of surging AI infrastructure demand heading into mid-2026.

AI Infrastructure Spending Continues to Dominate Global Technology Budgets

Corporate technology spending continues to shift toward artificial intelligence infrastructure as companies race to deploy advanced computing capabilities. The trend is fueling demand across semiconductors, networking hardware, cloud platforms, and data-center equipment suppliers, reinforcing AI as one of the most powerful structural themes shaping equity markets.

Nvidia Posts Record Quarter but Shares Slide on AI Spending Concerns and Macro Headwinds

Nvidia reported fiscal fourth-quarter revenue of $68.13 billion and EPS of $1.62, both surpassing consensus estimates by wide margins — with data center revenue alone climbing 75% year-over-year to $62.3 billion. Despite what Morgan Stanley called the largest and cleanest beat in semiconductor history, shares fell more than 5% over two sessions as investors grew increasingly uneasy about whether hyperscaler AI capital expenditure is sustainable at current levels.

Nvidia Braces for Fiscal Q4 Earnings Wednesday as Wall Street Eyes $66 Billion Revenue, Blackwell Guidance

Nvidia is set to report its fiscal fourth-quarter 2026 results after Wednesday's market close, with Wall Street consensus calling for approximately $66 billion in revenue and earnings of $1.53 per share — each representing roughly 67–72% growth year over year. Investors will focus as much on the chipmaker's forward guidance for Blackwell GPU demand, gross margin trajectory, and any update on China sales as on the headline numbers themselves.

Bullish Memory Chip Stocks Lead S&P 500 Performers Amid AI Boom

Memory-focused companies such as Sandisk, Western Digital, and Seagate showed significant gains in U.S. markets as AI-driven demand continues to reshape sector valuations. Investors are reallocating capital toward memory and semiconductor stocks benefiting from heightened data center and AI hardware needs, even as broader market performance was mixed.

Nvidia and Meta Announce Multi-Billion Dollar AI Chip Partnership Spanning Millions of GPUs

Nvidia and Meta Platforms unveiled an expanded multiyear partnership on Tuesday that will see Meta deploy millions of Nvidia's Blackwell and Rubin GPUs, plus standalone Grace and Vera CPUs, across its global data centers. The deal, estimated at tens of billions of dollars, marks the first large-scale deployment of Nvidia's Grace CPUs as standalone processors and reinforces Nvidia's dominance in AI infrastructure despite rising competition from AMD and Google.