Micron Technology(US:MU) CNBC Televisionยท2025-09-12 14:40Semiconductor Industry & Market Trends - The semiconductor industry is experiencing growth, with Nvidia being a key driver, but Micron is also emerging as a significant player [1][2] - High Bandwidth Memory (HBM) is a key factor contributing to Micron's stock surge [2] - Data centers are a major area of growth for semiconductor companies, with Micron, Corning, and potentially other companies like Soul playing significant roles [3] Micron's Performance & Outlook - Micron's stock has seen a substantial increase, rising from $64 in April to around $160 [2] - Micron's CEO, Sanjay Mehrotra, is considered less promotional, emphasizing that DRAM is a large part of their business, but data center applications are crucial [3] - Micron's stock movements can be significant and potentially exceed expectations, historically experiencing periods of both top and bottom performance in the S&P [4][5] Cyclical Nature & Investment Considerations - Micron is viewed as a cyclical stock, which influences its valuation and investment decisions [4] - The company's stock movements can be extraordinary and unpredictable, reminiscent of past market events [5]