Micron rises after rival SK Hynix says it's "sold out" all of its 2026 production already
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Micron's stock rose 3.7% in premarket trading following SK Hynix's announcement that it has sold out all of its 2026 production capacity for various memory chips. SK Hynix reported record quarterly results driven by increased shipment volumes and prices, attributing inventory declines to rapid AI infrastructure deployment. Both companies supply Nvidia, a major player in the chip design market.
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