It’s going on four years since OpenAI’s ChatGPT introduced the world to generative artificial intelligence (AI), and the megatrend shows no sign of slowing down. Shares of Micron Technology (MU +0.78%) initially lagged behind early winners like Nvidia, but they are now playing catch-up in spectacular fashion, with the stock up about 600% during the past three years.
Despite the explosive growth, Micron’s shares still trade at a reasonable price compared to alternatives in the technology industry. Let’s find out why the memory chip company still looks poised for success and try to predict where the shares might end up by the end of 2026.
