MU

Micron Technology's stock has surged in the past six months due to strong demand for memory chips, particularly HBM, driven by the AI megatrend and a chip shortage. In May 2026, the stock rose 15% in a single session and nearly 40% over five trading sessions, breaching the $600 milestone. In April 2026, shares hit an all-time high of $484.30 due to accelerating HBM demand. In December 2025, Micron reported strong fiscal Q1 2026 results with record revenue and margin expansion, with a positive outlook for Q2. The company's entire 2026 HBM supply is sold out, with negotiations underway for 2027 deliveries.