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Driven by the global memory chip shortage, Micron Technology has enjoyed exceptional pricing power, an advantage that strongly supports the continued momentum in its stock.
It won't come as much of a surprise if you have been closely watching the market that shares of Micron Technology ( NASDAQ:MU ) climbed 4% over the past week, coinciding with a noticeable shift in retail investor sentiment on platforms like Reddit and X from neutral to very bullish.
Lenovo said memory prices went up 40% to 50% in the last quarter — and they could double this quarter
Micron Technology is positioned as the American memory leader and a major beneficiary of the AI infrastructure boom. DRAM scaling is now technically and financially constrained, resulting in minimal supply growth despite massive capex investments. Industry consolidation to three main players enables disciplined capacity expansion, reducing the likelihood of past boom-bust cycles.
Micron Technology, Inc. (MU) Presents at Wolfe Research Auto, Auto Tech and Semiconductor Conference 2026 Transcript
The memory-chip maker's HBM4 is in high-volume production and has started shipping to customers, CFO Mark Murphy said.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
I am still convinced Micron Technology (MU) deserves a Strong Buy, with Q1 2026 results validating its transformation into a key AI memory supplier. MU's revenue surged to $13.64B, gross margins hit 56.8%, and EPS soared 175%, with guidance implying even stronger growth ahead. AI-driven demand is creating a structural memory boom, making MU's high-performance DRAM and HBM mission-critical and driving pricing power.
Micron's (MU) stock has greatly outperformed in the last year, climbing over 300%. But how does it actually stack up against competitors that are rapidly advancing in the AI and data-center expansion?
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In the latest trading session, Micron (MU) closed at $383.5, marking a -2.84% move from the previous day.