Micron Technology (MU) is recommended to stay invested in due to ongoing demand in the memory market, even though recent earnings beats have slowed. The company has strategic customer agreements covering 35% of its revenue, which help reduce risks from price fluctuations and market cycles. While there are concerns about increased DRAM and HBM supply and potential product de-specification, current valuation multiples already factor in these risks. Micron's stock price momentum remains strong, approaching highs not seen since 2026, with no immediate signs of a downturn.
Micron Technology shares are currently priced at USD 1,074.89 on Pluang, showing a 2.05% decline in the last day. As of Oct 04, 2026 15:11 WIB, the stock trades below its 52-week high of USD 1.21K with a market cap of $1.21 trillion and a dividend yield of 0.06%.
Micron's stock rose 13% following a strong earnings report showing 379% year-over-year revenue growth and 1,003% adjusted EPS growth, largely driven by AI demand. However, forward guidance indicates a slowdown, with Q1 revenue growth expected at 351%...
The Nasdaq Composite reached a new record high after September payroll growth fell short of expectations, reducing fears of an October interest rate hike by the Federal Reserve. The weaker jobs report, combined with lower oil prices, eased inflation ...
Micron Technology has seen huge revenue growth driven by a sharp increase in memory prices, with a 379% year-over-year revenue jump. However, this growth is mainly due to price hikes rather than increased sales volume, raising concerns about sustaina...
Micron Technology reported record fourth-quarter results, beating revenue and earnings expectations due to high demand for high-bandwidth memory (HBM) used in AI data centers. The company's growth is supported by supply shortages and rising prices fo...
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...
