Micron Jumps 5% on AI Memory Boom — and Analysts Say the Rally Has Room to Run

1 week ago 8

David Moadel

Fri, March 13, 2026 astatine 9:41 AM CDT 5 min read

Micron (MU) reported Q4 gross of $13.64B, up 56.6% twelvemonth implicit twelvemonth and beating estimates by 5.91%, with its Cloud Memory Business Unit generating $5.28B astatine a 66% gross margin.
Applied Materials (AMAT) partnered with Micron to make next-generation DRAM and HBM astatine a caller EPIC Center successful Silicon Valley.
Global representation shortage confirmed to past done 2027 is creating sustained pricing powerfulness and borderline enlargement for Micron arsenic the superior beneficiary of AI spot request from NVIDIA (NVDA), Advanced Micro Devices (AMD), and Intel (INTC).
The expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks. Get them present FREE.

Micron Technology (NASDAQ:MU) banal is up 5% successful aboriginal Friday trading, pushing shares toward $425 arsenic a confluence of bullish expert calls, a sold-out HBM capableness outlook, and confirmed AI representation proviso constraints thrust renewed involvement successful 1 of the hottest semiconductor names connected the market. The determination extends a week that has already been beardown for the stock, with MU gaining 15% implicit the anterior 5 trading days.

Today's leap doesn't travel retired of nowhere. It caps a agelong of relentless affirmative catalysts that person been stacking up since Micron's blowout December net report, and the marketplace is present pricing successful the world that the AI representation roar is not slowing down anytime soon.

READ: The expert who called NVIDIA successful 2010 just named his apical 10 AI stocks

Zacks Investment Research assigned Micron its apical Rank #1 (Strong Buy) standing this morning, citing the company's "significant relation successful the AI boom" and noting that Micron's 2026 HBM capableness is already sold out, driven by request from AI spot partners including NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Intel (NASDAQ:INTC). Zacks besides named Micron a stronger bargain than Palantir Technologies (NASDAQ:PLTR), pointing to its diversified concern and much charismatic valuation.

The broader expert assemblage agrees. 38 analysts presently complaint MU arsenic either a Buy oregon Strong Buy, against conscionable 2 Sells and 3 Holds. For those wondering whether the banal has gotten up of itself, galore pros are bracing for much upside adjacent if Micron banal looks "toppy."

Micron's astir caller quarter, reported December 17, 2025, was a cleanable bushed crossed each metric that matters. Revenue came successful astatine $13.64 billion, up 56.6% twelvemonth implicit year, beating estimates by 5.91%. Non-GAAP EPS deed $4.78 against a statement estimation of $3.9397, a 21.33% beat. GAAP gross borderline expanded to 56%, up from 38.4% a twelvemonth earlier.

Read Entire Article