New York, Feb 14, 2026, 10:04 EST — Market closed.
- Micron closed Friday at $411.66, down 0.6%.
- A filing showed Capital World Investors held a 5.2% stake as of Dec. 31.
- Traders are watching HBM4 supply signals and memory pricing into Tuesday’s reopen.
Capital World Investors disclosed a 5.2% stake in Micron Technology, as the memory-chip maker’s shares closed at $411.66 on Friday, down 0.56% on the day. (Yahoo Finance)
The filing lands as Micron’s stock keeps trading like a proxy for the memory cycle — and, lately, for anything tied to artificial intelligence hardware demand. A small change in supply talk has been enough to move the name.
U.S. markets are shut on Monday for Washington’s Birthday, keeping Micron and its peers on pause until Tuesday. (New York Stock Exchange)
Micron’s slip on Friday came with a softer tone across Wall Street, with the Nasdaq, S&P 500 and Dow all ending lower. (AP News)
Capital World Investors reported beneficial ownership of 58,472,522 Micron shares, or 5.2% of the company’s common stock, in a Schedule 13G/A dated Feb. 13. (Micron Technology)
The stock has also been reacting to the high-bandwidth memory race. High-bandwidth memory, or HBM, is a stacked form of DRAM used next to AI processors to move data faster, and it has become a profit battleground for Micron and its Asian rivals. CFO Mark Murphy said Micron’s HBM4 is in high-volume production and “We’re highly confident in our HBM4 product performance and quality and reliability,” according to MarketWatch. (MarketWatch)
Micron’s management has pushed back on reports of technical concerns around HBM4 and told Wolfe Research’s conference that demand was “significantly higher” than supply, with tightness expected to extend beyond 2026, Investing.com reported. The same report said Micron told investors HBM4 is sold out for calendar 2026 and yields are on track. (Investing)
On the Street, Morgan Stanley analyst Joseph Moore lifted his Micron price target to $450 and wrote, “As much as happened in the last 12 months in DRAM, we remain excited for what’s ahead,” pointing to another round of price increases and supply that may not loosen much in 2026. (Finviz)
Competition isn’t letting up. Samsung Electronics said this week it has shipped its latest HBM4 chips to customers, aiming to catch up in the market for memory used in AI accelerators, Reuters reported, with SK Hynix also flagging its own HBM4 plans. (Reuters)
Downstream, Lenovo — the world’s largest PC maker — warned memory shortages are adding pressure to PC shipments and said it has raised prices to offset higher memory costs, CEO Yang Yuanqing told Reuters. “We expect PC unit sales to face pressure, but believe we can still grow revenue and maintain profitability,” Yang said. (Reuters)
Still, the setup cuts both ways. If buyers pull back as prices rise, or if suppliers ramp output faster than expected, the memory market can flip quickly — and Micron’s margins tend to swing with it.
When trading resumes on Tuesday, investors will be watching for follow-through in Micron and the wider memory group after the run of HBM4 supply headlines — and for any new signals on pricing, customer contracts, or more big-holder filings.
