Micron Technology's stock has fallen nearly 20% in the past month despite reporting record earnings fueled by strong AI demand and limited supply of DRAM and NAND chips. The supply-demand imbalance is expected to persist until fiscal year 2028, supporting higher chip prices and continued strong earnings. Analyst Kumquat Research expects Micron's stock to outperform over the next 2-3 years due to these favorable market conditions. The company remains well-positioned in the semiconductor industry amid growing AI and computing needs.
Micron Technology holds a market cap of $1.06 trillion and an enterprise value of $1.02 trillion as of Oct 31, 2026, 02:21 WIB. Despite the recent near 20% drop noted in the article, on Pluang the stock price is $867.96 with a 1-day decline of 7.10%. Trading volume is robust at over 21 million shares, with balanced order activity split evenly between buyers and sellers, reflecting active investor interest in this semiconductor leader.
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