Micron's stock surges on multibillion-dollar U.S. manufacturing push
The memory-chip giant is reversing its recent slide after increasing its investment in the U.S. semiconductor supply chain.
Market Watch7/9/2026Positive
MU
Micron Technology IncNASDAQTECHNOLOGYSEMICONDUCTORS
Key Statistics
Market Cap
$1.07T
P/E Ratio
21.23
EPS
$44.69
Beta
2.14
52W High
$1254.81
52W Low
$103.21
50-Day MA
$880.21
200-Day MA
$456.27
Dividend Yield
0.06%
Profit Margin
55.90%
Forward P/E
6.36
PEG Ratio
0.14
About Micron Technology Inc
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.
Fundamentals
| Revenue (TTM) | $90.27B |
| Gross Profit (TTM) | $65.51B |
| EBITDA | $68.22B |
| Operating Margin | 80.40% |
| Return on Equity | 66.60% |
| Return on Assets | 34.90% |
| Revenue/Share (TTM) | $80.24 |
| Book Value | $64.24 |
| Price-to-Book | 10.94 |
| Price-to-Sales (TTM) | 11.87 |
| EV/Revenue | 11.99 |
| EV/EBITDA | 15.84 |
| Quarterly Earnings Growth (YoY) | 1369.00% |
| Quarterly Revenue Growth (YoY) | 345.70% |
| Shares Outstanding | $1.13B |
| Float | $1.13B |
| % Insiders | 0.26% |
| % Institutions | 81.31% |
Historical Volatility
HV 10-Day
110.40%
HV 20-Day
118.51%
HV 30-Day
124.94%
HV 60-Day
104.18%
HV Rank
99.6%
Volatility is currently contracting
Analyst Ratings
Consensus ($1486.00 target)
9
Strong Buy31
Buy4
Hold1
Strong SellLatest News
Fundstrat's Tom Lee: AI Is a Once in a Lifetime Story – Why Easing Inflation in H2 2026 Could Fuel the Next Rally
Fundstrat's Tom Lee returned to CNBC's Morning Call Sheet on Thursday, July 9, alongside JonesTrading's Mike O'Rourke and Vital Knowledge's Adam Crisafulli, to discuss a market that is simultaneously celebrating the AI build-out while rotating into value and defensive names.
24/7 Wall Street7/9/2026Neutral
Cheaper Than Micron, Closer to Nvidia: The Massive New AI Stock Debut
SK Hynix hopes a U.S. listing will close a valuation gap with peer Micron Technology. It has a compelling case.
Barrons7/9/2026Positive
Micron, SanDisk recover after Samsung-led selloff; fresh catalysts add to sentiment
Memory chip and storage stocks staged a strong recovery on Thursday, with investors rushing back into the sector after a sharp selloff triggered by Samsung Electronics' quarterly earnings earlier this week. Micron Technology climbed more than 7%, while SanDisk SNDK gained about 7.5%.
Invezz7/9/2026Positive
Micron shares rise on $3B US semiconductor supply chain investment
Micron Technology Inc (NASDAQ:MU) shares rose 7% on Thursday after the company announced plans to invest up to $3 billion to strengthen the U.S. semiconductor supply chain and support future manufacturing capacity.
Proactive Investors7/9/2026Positive
Micron shares rise 7% after announcing billions more in U.S. chipmaking investments
Micron shares climbed after the memory chipmaker announced a new round of investments aimed at boosting the U.S. semiconductor supply chain. The new strategic investments include $500 million for Taiwanese-headquartered GlobalWafers to expand its wafer development and manufacturing in Texas.
CNBC7/9/2026Positive
Why Micron Stock Might Outsmart The Memory Cycle
This article was written by Doug Nathman, with research by his team at Trefis.
Forbes7/9/2026Positive
Micron's Dip Is A Prime Buying Opportunity
Micron Technology (MU) remains a 'Buy' despite a 25% pullback, as demand for its memory products and AI-driven growth prospects remain robust. Q3 2026 results were exceptional: $41.46B sales (+346% YoY), 84.9% gross margins, and $25.11 non-GAAP EPS, all beating consensus by wide margins. Current correction appears driven by profit-taking, SK Hynix's upcoming Nasdaq listing, and sector-wide warnings, not by company-specific fundamentals.
Seeking Alpha7/9/2026Neutral
Micron Has Crashed After Every Previous Rally - This Time Might Be Different
Micron Technology, Inc. delivered a record-breaking quarter, with revenue up 346% YoY and operating income surging 2,456%, driven by AI-fueled memory demand. MU's growth is powered by Strategic Customer Agreements: 16 take-or-pay contracts locking in floor margins above historical peaks and $100B+ in minimum revenue. Guidance calls for Q4 revenue of $50B and 86% gross margin, with tight memory supply expected through 2027 and a commitment to return 100% of excess cash to shareholders.
Seeking Alpha7/9/2026Neutral
From $124 to $938 in a Year, Is Another Rally Coming For Micron?
Micron Technology (NASDAQ:MU | MU Price Prediction) has been the wildest ride in the AI memory trade.
24/7 Wall Street7/9/2026Neutral
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Data last updated: 7/9/2026