Dear Micron Stock Fans, Mark Your Calendars for September 23

Core Viewpoint - The semiconductor sector is being driven by the race to dominate artificial intelligence (AI), with Micron Technology emerging as a significant player in the AI and data center markets despite being overlooked by the broader market [1]. Company Performance - Micron demonstrated robust demand for its memory and storage products, surpassing market expectations in the second quarter of 2025, leading to increased investor confidence ahead of the next quarterly results on September 23 [2]. - The announcement of the fiscal fourth-quarter and full-year earnings conference call on August 28 resulted in a 3.6% intraday rise in MU stock, contributing to a 17% gain over the past five trading sessions [3]. - As of now, MU stock is close to its 52-week high of $160.34, indicating market recognition of Micron's potential in the expanding AI sector [4]. Stock Performance - MU stock has shown impressive momentum, climbing 82% over the past 52 weeks, with year-to-date gains accelerating to 89% and a 31% rise in the past month [6]. - Despite this growth, MU stock trades at 12.58 times forward adjusted earnings, which is below the industry average and its five-year historical multiple, presenting an attractive valuation opportunity [7]. Company Overview - Micron, headquartered in Boise, Idaho, specializes in memory and storage solutions, offering high-performance dynamic random-access memory, NAND, and NOR products under the Micron and Crucial brands, with a market capitalization of $176 billion [5]. - The company addresses the needs of AI, cloud computing, and compute-intensive applications [5]. - Micron maintains a modest annual dividend of $0.46, translating to a yield of 0.29%, with the most recent quarterly payout of $0.12 distributed on July 22 [7].