Micron stock price jumps nearly 8% as $1.8 billion Taiwan fab deal and Stifel target lift MU
New York, Jan 20, 2026, 09:33 EST — Regular session
- Micron shares surged nearly 8% in early trading, driven by investor attention on memory supply.
- The move follows a $1.8 billion plan to buy a Taiwan fab and a new target raise from Stifel.
- Deal approvals and the upcoming earnings report are on traders’ radar for clues about DRAM and HBM.
Micron Technology Inc (Nasdaq: MU) shares surged roughly 7.8% to $362.75 in early New York trading Tuesday, climbing $26.12 from the previous close and briefly touching $362.84. The rally came on the back of Micron’s announcement to expand capacity in Taiwan, coupled with new price-target upgrades from Wall Street analysts.
Memory’s back as a bottleneck, plain and…
