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Micron stock soars 263% in 6 months driven by AI chip demand and strong sales.

Company Fundamentals
30 Jun 2026
Finbold
View Source
Bullish
pluang ai news

Micron's stock price surged from $315 to $1,145 between January and June 2026, a 263% gain fueled by high demand for its AI-related high-bandwidth memory (HBM) and DRAM chips. The company secured long-term supply deals and sold out its entire 2026 HBM production capacity, while launching next-gen HBM4 memory. Its fiscal Q3 revenue jumped 84.6% to $41.46 billion, boosting investor confidence despite some volatility concerns. Analysts remain bullish, with price targets up to $2,000, suggesting further growth potential for Micron in AI infrastructure markets.

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