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Why Micron Stock Is Surging: Sold-Out AI Memory Boom

Why Micron Stock Is Surging: Sold-Out AI Memory Boom

KEY POINTS

  • Micron makes a special memory chip (HBM) that AI computers need, and it is sold out for all of 2026.
  • The stock jumped about 11% on Monday to a record high near US$1,089, up more than 700% in a year, making it roughly a US$1.2 trillion company.
  • Experts strongly disagree: some see it rising to US$1,750, while others see it falling sharply from here.
  • The next big test is the company’s earnings report on 24 June.

Micron (NASDAQ:MU) jumped about 11% on Monday to close near US$1,089, a record high. The stock is now up more than 700% over the past year and is worth more than a trillion dollars. Here is the strange part. It keeps climbing even as some experts warn it has gone too far, too fast. That argument between the…

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