TradingKey – In the second quarter of 2026, sold-out HBM3e capacity and surging AI server demand drove Micron (MU)’s stock price to continuously soar, reaching an all-time high of $1,255 at the end of June. In July, Micron’s stock price experienced a sharp shakeout, pulling back deeply to $737 at one point.

Micron Stock Price Chart, Source: TradingView

In August, Micron’s stock price gradually rebounded and strengthened, climbing to near $1,100 in early October. However, it failed to hold at that level and subsequently fell back, successively breaking below key support levels such as $1,000 and $900, signaling a failed attempt to challenge its record high.