Micron Technology Stock Poised for Potential Record High Following September 30 Earnings
Micron Technology (NASDAQ: MU) is expected to release its earnings report on September 30, 2026, with analysts projecting a potential record-breaking price of $1,250. The stock previously reached a 52-week high of approximately $1,255 in June. The bullish outlook is driven by persistent supply shortages for DRAM and NAND memory chips essential for AI infrastructure, a trend expected to continue through 2028 as demand from major hyperscalers outpaces production capacity.
Summaries are written by AI from the original article. Not investment advice.