Micron Technology's stock has risen 275% this year, driven by strong demand for AI-related memory products like high bandwidth memory (HBM). The company is set to report fiscal Q4 earnings on September 30, with investors focused on HBM revenue, gross margin, and its $100 billion contracted AI demand backlog. Despite the rally, Micron trades at a low forward P/E of 7 and shows rapid revenue growth, making it an attractive buy ahead of the report. Management expects tight supply conditions to continue, supported by a strong balance sheet with nearly $25 billion in cash.
Micron Technology's impressive 275% gain this year highlights strong investor interest ahead of its fiscal Q4 earnings report on September 30. On Pluang, MU trades at USD 1,073.92 as of September 23, 2026, 22:52 WIB, down 2.03% for the day. The stock holds a substantial market cap of $1.24 trillion, with a typical hold time of 46 days and a dividend yield of 0.05%.
Investor Michael Burry has increased his short positions in Micron Technology, Palantir, Nebius Group, and the iShares Semiconductor ETF, expressing skepticism about the sustainability of the current AI and semiconductor market boom. He highlights co...
ChatGPT forecasts Micron Technology's stock to increase about 4.4% to $1,145 by October 1, driven by strong AI-related growth and favorable pricing in its memory products. The company is gaining recognition as an AI infrastructure player due to its H...
Investor Michael Burry disclosed short positions in Palantir, Nebius, and Micron, citing concerns over an oversupplied memory market and its impact on semiconductor stocks. Despite Burry's short on Palantir, its shares rose 2%, while Nebius and Micro...
Citi analyst Atif Malik raised Micron's stock price target from $1,150 to $1,300, maintaining a Buy rating due to stronger-than-expected DRAM pricing and undersupplied memory markets. This optimism is supported by upcoming industry events like SEMICO...
Micron's stock has risen 18.17% this week, closing at $1,096.16, with Wall Street analysts divided on price targets ranging from hold to $2,000 ahead of its September 30 earnings report. The company expects $50 billion in revenue and $31.00 non-GAAP ...
