Micron Just Delivered Massive News for Shareholders
Yahoo Finance ·
Micron Technology ( MU 6.03% ) investors have been a happy bunch in the market this past year. It's not a secret why: The stock is up 272% since 2026 began. Many investors wait decades before seeing 3x or greater returns, yet Micron did it in just six months. With a return like that in such a short time, some investors may wonder if Micron's best days are already accounted for. But Micron's management team just told investors that the good times will keep rolling. If they're right, then Micron's run could just be getting started. Micron makes dynamic random-access memory (DRAM) and NAND memory. Both are heavily used in data centers, and with an unprecedented data center build-out underway, Micron and its peers don't have the production capacity necessary to meet demand. With limited supply and soaring demand, memory chip prices are skyrocketing, driving strong results for Micron. It recently released third-quarter results for fiscal 2026 (ending May 28), and some incredible news came out of that report.
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