Hudbay

HBM

Market cap $11.6B

Micron's trillion-dollar milestone is boosting tech ETFs as AI-driven memory demand fuels gains across semiconductor funds.

TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) ( TSX, NYSE: HBM) today announced that each of the nine individuals nominated for election as a director of Hudbay at the Company's Annual and Special Meeting of Shareholders held on May 19, 2026 (the “2026 AGM”) was elected.

Hudbay Minerals Inc. (HBM:CA) Shareholder/Analyst Call Prepared Remarks Transcript

Copper just punched through a historic ceiling, with LME prices breaching $6.00/lb for the first time and trading roughly 25% above the 2025 average.

With results for its fiscal second quarter approaching after-market hours on Thursday, May 14, Applied Materials has quietly become one of Wall Street's hottest AI infrastructure plays.

Copper refining now has a Strait of Hormuz problem.

Semiconductor ETFs like SOXX offer broad exposure as AI-driven memory revenues are projected to nearly triple in 2026.

Hudbay Minerals delivered record Q1 EBITDA, reaffirmed strong 2026 guidance, and maintains a near-cash balance sheet amid elevated copper and gold prices. The Arizona Sonoran acquisition, though dilutive, secures a large-scale copper project in Arizona, enhancing HBM's long-term growth profile and strategic positioning. HBM trades at a discount to peers despite lowest-cost operations, tier-one jurisdiction exposure, and a rapidly expanding North American copper pipeline.

South Korea ETFs surge as KOSPI tops 7,000 for the first time, driven by booming AI chip demand and gains in Samsung and SK Hynix.

Hudbay Minerals Inc. (HBM:CA) Q1 2026 Earnings Call Transcript