Micron Stock Investors Just Got Good News From Wall Street and Nvidia CEO Jensen Huang
Yahoo Finance ·
Shares of Micron Technology ( MU 5.68% ) have advanced 240% year to date. That makes it the second-best-performing stock in the S&P 500 ( ^GSPC +0.00% ) , the first being rival memory-chip maker Sandisk , which has added more than 600% in 2026. Micron shareholders recently got some good news. Several Wall Street analysts raised their forward earnings estimates after the company's latest financial report. Additionally, Nvidia ( NVDA 1.39% ) CEO Jensen Huang says demand for memory chips will continue to outpace supply for several years. Micron develops and manufacturers memory and storage solutions based on NAND flash and dynamic random-access memory (DRAM) chips. Both types of memory are critical to artificial intelligence (AI) workloads. NAND and DRAM serve as long-term storage and working memory, respectively. And high-bandwidth memory (HBM) is a specific type of DRAM that feeds data to graphics processing units at very high speeds.
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