Sourced evidence
Micron hikes capex to $20B with 2026 HBM supply fully booked, HBM4 ramps 2Q26
Micron raised its FY26 capital expenditure guidance to roughly $20 billion and reported its entire calendar-2026 HBM supply, including HBM4, already locked in on pricing and volume with customers including NVIDIA, as memory suppliers race to qualify 16-Hi HBM4 for NVIDIA's next-generation platforms.
- Source
- TrendForce
- Type
- Research
- Published
- December 18, 2025
- Confidence
- 62/100
- Filed under
- NVIDIA
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Cite this
InsightNodes, "Micron hikes capex to $20B with 2026 HBM supply fully booked, HBM4 ramps 2Q26" (NVIDIA). Source: TrendForce, December 18, 2025, https://www.trendforce.com/news/2025/12/18/news-micron-hikes-capex-to-20b-with-2026-hbm-supply-fully-booked-hbm4-ramps-2q26/. https://insightnodes.com/claims/e/nvidia-micron-hbm-2026-supply-locked (accessed October 29, 2026).
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