Micron Technology, Inc. (MU)
3 Stocks That Could Double In 2026
We're halfway into January, and the market is in action mode. Growth stocks have had an excellent 2025 and generated impressive returns for investors.
Why Micron's stock is a standout gainer as the market falters
Memory stocks are seeing further momentum as an analyst highlights that pricing trends could get stronger for longer.
What Is Happening With Micron Stock?
Micron Technology, (NASDAQ: MU), a prominent name in memory and storage solutions, experienced a significant surge in trading volume. The trigger for this was the groundbreaking of its New York megafab, an event further enhanced by robust insider purchases and an optimistic narrative around an AI-driven memory cycle.
Micron CEO Sanjay Mehrotra: Focused on increasing supply amid tight memory market
Sanjay Mehrotra, Micron CEO, joins 'Squawk on the Street' to discuss navigating a tight memory market, breaking ground on a new semiconductor manufacturing plant, and more.
Micron to acquire Taiwan chip fab from Powerchip for $1.8B
Micron Technology Inc (NASDAQ:MU) announced that it will acquire a major semiconductor fabrication facility in Taiwan from Powerchip Semiconductor Manufacturing Corporation (PSMC) for approximately US$1.8 billion in cash, expanding its memory manufacturing capacity amid rising global demand. The transaction involves PSMC's P5 fabrication site located in Tongluo, Miaoli County, Taiwan.
Micron: Like 2023 Nvidia (But Better)
Micron Technology has surged over 200% in 12 months, driven by explosive AI-fueled memory demand. Micron's current situation mirrors that of Nvidia in 2023. Despite a 30x P/E, MU remains undervalued given the projected quadrupling of earnings and PEG ratios below 1.
Micron to Buy Taiwan Plant for $1.8 Billion
The Boise, Idaho-based company plans to acquire the Taiwanese chip-making site to meet surging demand for memory-storage products.
Can Micron Become A $1 Trillion Company Before 2030?
Micron (NASDAQ:MU) might be one of the most undervalued AI stocks, despite more than tripling in value over the past year.
Are Data Storage Stocks in a Bubble or Should You Get in Now?
The AI buildout is creating a supply-demand imbalance in storage devices. Prices of DRAM and NAND storage devices soared in 2025.
Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money.
TSMC stock's earnings growth could be better than what the market is anticipating for the next couple of years, setting the stock up for potentially market-beating returns. Micron Technology is significantly undervalued, considering the impressive growth it has been experiencing, suggesting that it can potentially skyrocket further.
Micron: Keep Your Foot On The Gas
Micron Technology remains a buy as AI-driven HBM demand propels earnings and revenue growth. MU's operating margins surged from 25% to 45% in a year, driven by memory shortages and higher pricing. Analysts project MU earnings per share to reach $41.40 within 18 months, and I estimate a fair value for the stock near $600.
Jim Cramer talk Micron breaking ground on New York chip plant
'Mad Money' host Jim Cramer talks Micron breaking ground on a domestic chip plant.
