Micron Stock Rises 18% in Three Months: Will It Carry the Momentum?

Key Takeaways MU stock gained 17.8% in three months, outpacing the sector and key semiconductor peers. Micron is benefiting from AI demand, HBM3E adoption and its diversification strategy. MU faces margin pressures from weaker NAND pricing and new DRAM facility startup costs.Micron Technology, Inc. (MU) has delivered a solid 17.8% gain over the past three months. This performance easily beats the broader Zacks Computer and Technology sector, which rose 12% in the same period.Micron stock has also moved ah ...