Micron's AI-Memory Boom Could Extend, Says Top Investor

Despite a roughly 200% six-month stock surge and a record Q1 2026 revenue of $13.6 billion, top TipRanks investor PropNotes says Micron is still in a historic growth phase driven by AI-memory demand. He points to margins expanding from 25% to 45% year over year and argues AI workloads will keep memory-chip demand high, suggesting further upside over the next two years even as some analysts worry about memory pricing. MU now has a Strong Buy consensus (25 Buys, 1 Hold) with a 12-month target near $363.77, and even with insider selling by MU’s CEO, the long-run thesis remains intact.