How Micron Technology Stock Soared 45% Last Month
Shares of Micron Technology (NASDAQ: MU) rose 45.4% in January 2026, according to data from S&P Global Market Intelligence. The memory-chip maker didn't even report earnings last month. Instead, Micron's fortunes are surging due to skyrocketing memory prices. Artificial intelligence (AI) giants are buying as much high-speed memory as the chipmakers can produce, and are willing to pay top dollar for these crucial number-crunching tools.
The memory shortage isn't exactly new, but the market is only growing tighter.
In December's Q1 2026 earnings call, Micron's management explained that the high bandwidth memory (HBM) it will make in 2026 had already sold out before the new year even started. HBM is the best memory type for AI servers, because it's basically a memory skyscraper; stacking chips vertically lets data flow way faster while sipping less power, which is exactly what you need when your AI accelerators are drinking data from a digital firehose.
Source Fool.com
Micron Technology Inc. Stock
With 137 Buy predictions and not a single Sell prediction Micron Technology Inc. is an absolute favorite of our community.
With a target price of 386 € there is a slightly positive potential of 11.35% for Micron Technology Inc. compared to the current price of 346.65 €.
