The company has been reaping the benefits of an industrywide shortage of memory technology, an important component of artificial-intelligence hardware.
Micron reported fiscal third-quarter results that topped analysts' estimates. The company has been one of the biggest beneficiaries of the AI boom, which has caused historic demand for memory.
Sarat Sethi, managing partner at DCLA, went on CNBC on June 22, 2026 and said the quiet part loud about memory stocks.
Micron Technology (NASDAQ:MU | MU Price Prediction) has gone vertical.
Baird Investment Strategist Ross Mayfield recently appeared on CNBC to push back against the prevailing narrative that the memory cycle has been permanently rewired by AI demand, framing the bull case for Micron Technology (NASDAQ:MU | MU Price Prediction) as a position-management problem rather than a definite outcome.
The Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of the popular DRAM ETF.
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) have been the subject of intense debate this week after a roughly 13% sell-off rattled holders ahead of the company's fiscal Q3 2026 earnings, scheduled for release today, June 24, after the market close.
CJ Muse went on CNBC this morning and made the case that the memory cycle most investors are watching does not actually peak where they think it peaks.
Micron's stunning performance this year could be about to get even better.
Micron Technology Inc will release its third-quarter earnings after the markets close on Wednesday.
Before Micron Technology's (NASDAQ:MU | MU Price Prediction) fiscal Q3 2026 results, Stephanie Link of Hightower told CNBC viewers what most retail traders watching a parabolic chart do not want to hear.
The Zacks Rank #1 (Strong Buy) Micron (MU) is up +3% in early trading this morning, but roughly flat over the past month.