Micron Technology (MU) Stock Climbs Near $420 Amid AI Memory Boom

robot
Abstract generation in progress

Micron Technology’s stock has surged to nearly $420 in early 2026, driven by an explosive demand for high-bandwidth memory (HBM) in AI data centers. The company reported record-breaking fiscal first-quarter results and has already committed its entire 2026 HBM production through multi-year contracts, signaling a significant shift in its market position within the traditionally cyclical memory sector. Analysts are optimistic, forecasting substantial earnings growth and potential for the stock to exceed $500 as the AI supercycle continues.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)