Alphabet's Capex Push Sparks Rally in Micron and SK Hynix
Micron and SK Hynix shares rose in premarket trading after Alphabet’s earnings and higher capex guidance, with Google signaling 2026 capex of $195–$205 billion—boosting hopes that memory demand remains resilient and easing fears of a tech-spending slowdown, though Micron remains weak versus a broader monthly move and SK Hynix’s U.S. listing has brought outsized volatility.