Micron Technology (MU) has extended its rally into 2026. The stock is already up 25% year-to-date (YTD) and has gained over 247% over the past 12 months. Despite its monster rally, MU stock could still have meaningful upside ahead. The primary catalyst behind Micron’s surge is accelerating demand for its memory and storage products, particularly from data center operators building out artificial intelligence (AI) infrastructure. As hyperscalers and enterprises invest heavily in AI workloads, the need for ...

Key Takeaways Micron's AI memory boom tripled its stock last year, fueled by tight HBM supply.MU posted fiscal Q1 2026 revenues of $13.64B, up 56.8% year over year, backed by strong AI memory sales.NVIDIA sees fiscal Q4 2026 revenues near $65B as Blackwell chips and data center spending fuel growth.Micron Technology, Inc.’s (MU) shares more than tripled last year due to strong artificial intelligence (AI) memory demand. This year, however, NVIDIA Corporation (NVDA) , another AI-driven semiconductor stock, i ...