Over the past two years, AI investment has been highly concentrated in GPUs, large-model training, and cloud computing giants. As 2026 gets underway, market attention is shifting downward from the model layer to the physical infrastructure supporting AI operations—optical communications, data centers, computing power rentals, and semiconductor manufacturing equipment. This week (August 10–16), this thesis will face a concentrated round of earnings tests. Optical module leaders Lumentum Holdings

#股票交易分享挑战 UBS maintains a “Buy” rating and $1,625 price target for Micron; HBM prices to rise 79% in 2027
According to BlockBeats, citing UBS, the firm maintained its “Buy” rating on Micron on August 11, with a price target of $1,625, implying 85% upside from its August 7 closing price of $877.57. UBS said that amid continued supply constraints, HBM consumption could accelerate as Nvidia adjusts its VR300 configuration, with total HBM consumption expected to rise from 58.7 billion Gb to 61.5 billion Gb in 2027.
The bank expects the average HBM selling price to rise approximately 79% year-on-year in 2027, with HBM4E pricing potentially exceeding $30/GB. UBS raised its forecast for Micron’s fiscal 2028 earnings per share to $265.65 and expects cumulative free cash flow through 2028 to exceed $450 billion, while slightly lowering its 2026 and 2027 earnings-per-share forecasts to $74.13 and $184.89, respectively.$MU ‌