Micron Technology posted record FY2026 revenue of $133.19B driven by surging AI demand, with CEO Sanjay Mehrotra projecting even tighter memory supply-demand conditions in 2027-2028. The company plans increased capital expenditures to expand HBM and DRAM capacity, with 2027 HBM production already nearly fully booked at premium prices.
Lana Valentis reports that Render Token has broken out above a descending channel on its weekly chart, with the network processing AI and rendering workloads across 180 countries. GPU demand has hit negative supply for the first time since 2018, with year-over-year burns at 279%, suggesting the token price lags behind product fundamentals.
A social media post discusses how growing AI model sizes and agent usage are driving GPU demand, positioning a distributed GPU aggregation platform on the Solana blockchain as a solution to commoditize compute capacity for AI and ML workloads.
Micron reported Q4 2026 earnings significantly beating estimates with $54.23B revenue (+379% YoY) and $33.42 adjusted EPS (+1,003% YoY), driven by strong cloud memory and automotive demand. Q1 FY2027 guidance also exceeded expectations at $38.15 EPS, with the outlook dependent on whether semiconductor supply can meet AI infrastructure demand before pricing power diminishes.