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Mu Stock

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business1 month ago•8 min saved

Micron’s AI memory boom could push MU stock higher

Micron Technology is riding AI-driven demand for memory, especially HBM chips used with Nvidia/AMD GPUs; data-center revenue surged and management sees strong near-term growth, with Q2 revenue forecast up about 132% year over year to $18.7 billion and earnings of roughly $8.19 per share. The CEO says the data-center HBM market could top $100 billion by 2028, underpinning continued profit growth as AI workloads expand into smartphones and PCs. After a 239% rally in 2025 and further gains in early 2026, MU trades at a forward P/E around 12.2, implying potential upside if AI demand remains robust, though the semiconductor cycle remains cyclical and upside may temper.

via The Motley Fool|

#artificial-intelligence #business #data-centers

technology1 month ago•2 min saved

Micron Rides AI Memory Upcycle as Capex Expands

Micron Technology is positioned in an AI-driven upcycle, with Q1’26 revenue up 57% year over year and robust AI-memory demand from cloud data centers and flagship devices. The company is ramping capital expenditure to about $20 billion in FY26 to expand HBM and DRAM supply, with 2026 HBM volumes already sold out, supporting long-term growth. Despite recent gains, MU looks undervalued with a forward PEG around 0.24, though AI demand dynamics and geopolitical risks remain key watchpoints.

via Seeking Alpha|

#ai-memory-demand #capex-expansion #data-centers

market-news1 month ago•16 min saved

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.

via TipRanks|

#ai-memory #buy-rating #margins

business2 years ago•3 min saved

Micron's Quarterly Targets Missed, Sales Plunge, and Staff Cuts Announced.

Micron Technology missed Wall Street's expectations for its fiscal Q2, reporting a loss of $1.91 per share on sales of $3.69bn. However, MU stock rose on Wednesday as analysts predict the worst may be over for the memory-chip maker. Micron's CEO sees a "gradually improving supply-demand balance in the months ahead" and investments in artificial intelligence providing another driver of demand for memory chips. At least six Wall Street analysts raised their price targets on MU stock after the quarterly report, but some remain cautious about Micron's prospects.

via Investor's Business Daily|

#business #financial-performance #memory-chip-industry