Overview
- Korea Economic Daily reports that Samsung and SK Hynix were selected as the initial exclusive HBM4 suppliers for Nvidia’s Vera Rubin accelerator, with production targeted to start in March and hardware expected in the second half of 2026.
- Micron is not in the flagship Rubin allocation but is reported to supply HBM4 for the mid‑tier Rubin CPX, a development that sent MU shares down about 6.7% before a subsequent rebound of roughly 5% as investors reassessed the outlook.
- Micron says its 2026 HBM4 output is fully committed under agreements made in December, and its CFO said shipments began a quarter earlier than planned.
- Wall Street raised expectations ahead of earnings: Citi lifted its Micron target to $430 and Susquehanna to $525, while Wolfe Research moved to $500, with forecasts calling for DRAM price increases of about 100% to 171% year over year in 2026 and sizable NAND gains.
- Applied Materials announced new partnerships with Micron and SK Hynix at its planned $5 billion EPIC Center to co‑develop next‑generation DRAM, HBM and NAND, including advanced packaging for AI workloads.