Micron reported fiscal Q4 earnings that surpassed expectations, with revenue nearly quadrupling to $54.23 billion due to soaring demand for AI-related memory chips. The company, the only U.S. maker of high-bandwidth memory (HBM), saw net income jump to $37.7 billion. Micron expects even higher revenue and earnings in the next quarter, driven by continued AI infrastructure growth. The firm is investing $250 billion to expand HBM production with new campuses in New York and Idaho to meet global demand amid a supply crunch.
Micron Technology shares trade at USD 1,085.73 on Pluang as of Oct 01, 2026 03:32 WIB, up 1.94% in the last day, reflecting steady investor interest following its strong earnings report. The stock's market cap stands at $1.20 trillion, with a typical hold time of 47 days on the platform. This aligns with the company's bullish outlook amid the ongoing global memory shortage and investment in high-bandwidth memory production.
In 2026, NVIDIA rose 23%, while Micron and SanDisk surged 265% and 609% respectively, driven by strong demand for memory and AI computing. Analysts project further upside in 2027 with price targets of $400 for NVIDIA, $2,000 for Micron, and $3,000 fo...
Rambus, a maker of memory interface chips for AI servers, is trading well below its 52-week high but shows strong growth potential due to rising AI demand. The company reported a 20.43% revenue increase in fiscal Q2, beating estimates, and secured a ...
Michael Burry replaced his unlimited short positions on Micron with put options expiring in June 2027, striking near $500, far below the current $1,065 share price. This move reflects his belief that the AI-driven stock rally may soon burst, requirin...
Micron stock's returns differ drastically depending on the purchase date, with five key entry points analyzed from 2000 to 2026. The best returns came from buying after Micron's 2013 acquisition of Elpida, yielding over 8,000%, while buying near the ...
Micron Technology is set to report record quarterly revenue of up to $51.33 billion, fueled by strong demand for high-bandwidth memory in the AI market. Earnings per share are expected to jump significantly to around $31.72, compared to $3.03 last ye...
