Jim Cramer and Michael Burry are publicly clashing over Micron Technology's stock outlook. Burry has taken a bearish position through put options, betting that Micron's stock will fall significantly by June 2027 due to a potential AI bubble burst. In contrast, Cramer argues that shorting Micron is dangerous ahead of the company's aggressive December buyback and strong fiscal results, including record revenue and profit margins. Micron's CEO and CFO emphasize the company's shift to secular growth with numerous strategic contracts and committed output, supporting Cramer's bullish stance. Investors should watch for updates on Micron's buyback plans and pricing trends in 2027 to gauge the stock's direction.
As of Oct 02, 2026 22:32 WIB, Micron Technology (MU) trades at USD 1,074.98 on Pluang with a 1-day decline of 2.04%. Despite the recent drop, investor interest remains balanced with 58% of Pluang orders to buy and 42% to sell. The stock's market cap stands at $1.24 trillion, reflecting its significant presence in the technology sector.
Micron Technology remains a tech giant with a market cap near $1.2 trillion, supported by strong demand for DRAM and NAND memory chips. Its Strategic Customer Agreements secure over 35% of revenue through 2030 with price floors and ceilings, though t...
DA Davidson raised its price target for Micron Technology to $2,100, the highest on Wall Street, following strong earnings and optimistic guidance. This bullish outlook assumes memory prices will remain high longer than in previous cycles, supported ...
Micron Technology's stock has surged over 500% in the past year due to strong AI-related memory demand and record earnings, including an 87% gross margin and $54 billion revenue, up 380% year-over-year. Despite this impressive growth, the company's g...
Micron Technology consistently beats earnings expectations, but institutional investors sell shares afterward, causing stock dips that present buying opportunities. The company benefits from long-term contracts securing over 75% of 2027 output and st...
Micron Technology exceeded expectations in Q4 with higher revenue, earnings per share, and gross margin. Over 75% of its fiscal year 2027 production is already committed, and customer interest is extending into 2028 and beyond. Pricing is expected to...
