MU · News · 20260916N

Competition and Capacity Expansion

MICRON TECHNOLOGY INC · 2026-09-16 · Importance 36 · Surprise 50

Intel and SK Hynix are reportedly discussing production of memory chips at Intel’s Ohio campus. The potential partnership would create additional U.S. memory-manufacturing capacity and introduce competition to Micron’s position as an American memory-chip producer. Reports indicate Intel shares rose 4% and SK Hynix shares rose 3% after the discussions were reported, while Micron shares were flat in early trading.

Key facts

• Cidel Asset Management Inc. owned 20,468 shares of MICRON TECHNOLOGY INC after purchasing an additional 778 shares, growing its holdings by 4.0% in the undefined quarter. source