Key facts: Micron Technology projects 40% HBM market growth; boosts semiconductor stocks
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Micron Technology sees rising demand driven by AI growth. The firm projects 40% annual growth in high-bandwidth memory (HBM) market, expanding from $35 billion to $100 billion by 2028.1Micron's performance played a role in a broader rally in semiconductor stocks, contributing to offsetting losses in other technology sectors as the market opened the new year.2
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