The company is undergoing a massive global capacity expansion, including new facilities in the U.S., Japan, and a newly opened assembly and test plant in India, with total planned investment around $200 billion. This is driven by unprecedented, sold-out demand for its high-bandwidth memory products through 2026, with negotiations already underway for 2027 supply, as AI data center demand intensifies. The expansion aims to address a historic memory supply crunch. The company's stock has seen significant recent gains and increased institutional interest.