Micron Technology MU

Micron Technology, Inc. has experienced exceptional growth, with a 21% increase in revenue in Q1 2026, driven by soaring demand for its DRAM and NAND products, largely fueled by AI advancements. This surge has led to significant capital investments, projected at $20 billion for the year, supported by the CHIPS Act. As Micron's stock price continues to rise, analysts have boosted their price targets, reflecting strong market confidence and fully booked capacities for key products through 2026. Despite past challenges, including revenue drops and legal issues, the company's current trajectory marks a pivotal shift towards dominance in the memory solutions market.