Micron Technology shares gained about 5.5% after Intel warned that a shortage of memory chips could intensify. Micron, the largest U.S.-based memory maker, has benefited from AI data-center demand that has tightened supply and supported pricing power. In its latest results, Micron reported fiscal third-quarter 2026 revenue of $41.46 billion and an 84.6% GAAP gross margin, and it forecast current-quarter revenue of about $50 billion.

Nebius has repeatedly raised its guidance for contracted power capacity through the end of 2026, including a 5-gigawatt target. Its largest five-year deal totals $27 billion, split into a $12 billion agreement and a separate $15 billion agreement. The company posted $582.3 million in second-quarter revenue, up 454% year over year. Nebius also issued $4 billion of privately placed convertible notes earlier this year, prompting some investors to flag concerns about its debt load.