Micron Technology will invest up to $3 billion in its Virginia chip facility, boosting HBM and DRAM production critical to AI and crypto mining hardware.

Micron Technology's Q3 revenue of $41.46B crushed estimates, lifting semiconductor stocks and boosting sentiment for AI-linked crypto mining plays.

“Micron’s very first HBM production wafer - for the memory technology at the heart of AI - was made right here in Hiroshima...”