
Micron's sales and profits have soared in the past year. Demand for memory and storage products remains robust, but if there's a bubble in artificial intelligence, that could wreak havoc on its business.
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho.
| Revenue (TTM) | $133.19B |
| Gross Profit (TTM) | $107.50B |
| EBITDA | $108.84B |
| Operating Margin | 80.70% |
| Return on Equity | 88.30% |
| Return on Assets | 44.60% |
| Revenue/Share (TTM) | $118.18 |
| Book Value | $122.35 |
| Price-to-Book | 12.29 |
| Price-to-Sales (TTM) | 7.47 |
| EV/Revenue | 13.5 |
| EV/EBITDA | 17.84 |
| Quarterly Earnings Growth (YoY) | 1060.00% |
| Quarterly Revenue Growth (YoY) | 379.30% |
| Shares Outstanding | $1.13B |
| Float | $1.13B |
| % Insiders | 0.24% |
| % Institutions | 80.04% |
Volatility is currently contracting

Micron's sales and profits have soared in the past year. Demand for memory and storage products remains robust, but if there's a bubble in artificial intelligence, that could wreak havoc on its business.

Shares of Micron Technology (NASDAQ:MU) are rallying, last seen up 5.3% to trade at $9925.35, as investors buy back into artificial-intelligence (AI) related stocks after last week's overspending-fear led selloff.

The AI sell-off is forcing investors to choose between two very different ways to profit from the same boom: chips that power AI computing and memory that helps those systems process data. Broadcom Inc. (NASDAQ:AVGO) has fallen more than 35% from its peak, while Micron Technology, Inc. (NASDAQ:MU) offers a seemingly inexpensive earnings multiple.

Memory chip makers are leading a rebound in technology stocks as fears about AI spending ease. Micron Technology (NASDAQ:MU | MU Price Prediction) stock is at $916.43, up 4% in morning trading.

Micron Technology stock has slumped into a technical bear market after falling from the year-to-date high of $1,253 in June ro $878 today. This retreat has coincided with the ongoing sell-off among memory stocks.

Investors sold off Micron on competition fears last week. Over the weekend, Wall Street sounded the all clear, predicting rising memory prices through at least 2027.

It's a key week for tech stocks as Nvidia gears up for a European conference and Meta prepares to report earnings.

Timothy Arcuri from UBS, perhaps the most accurate analyst on Wall Street, has issued multiple rating revisions since October began, with a handful of reconsidered equities standing out for the sheer size of the forecasted upside.

Micron (MU) is experiencing unprecedented demand for its 1-gamma DRAM and G9 NAND nodes, driven by AI data center expansion and advanced device adoption. MU's strategic customer agreements now cover over 35% of projected sales through 2030, providing high visibility into future revenue streams. Q4 FY26 results were stellar, with sales up 379% YoY to $54.2B and operating margins exceeding 80%, supporting robust cash generation.

BOISE, Idaho, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that it will host a technology webinar on Wednesday, Oct. 21, 2026, at 8 a.m. Mountain Time.
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