Micron Stock Rises as SK Hynix Predicts Memory ’Supercycle’ Driven by AI Demand

Micron Technology shares climbed in pre-market trading after rival SK Hynix signaled a sustained boom in memory chip demand, fueled by the artificial intelligence revolution. The South Korean semiconductor giant reported its entire 2025 memory production is already sold out, with DRAM capacity constrained by insatiable AI infrastructure needs.

SK Hynix posted record quarterly results—$8 billion operating profit and $33 billion revenue—as its high-bandwidth memory (HBM) chips power Nvidia's AI accelerators. Micron stands to benefit from the same structural supply shortage, with its HBM3e technology already deployed in Nvidia's Blackwell processors.

The memory market's supply-demand imbalance appears systemic rather than cyclical. "This isn't a temporary spike—it's a fundamental recalibration of global semiconductor economics," said SK Hynix's DRAM marketing chief. As AI server deployments accelerate, manufacturers struggle to keep pace with voracious HBM requirements.