Micron Surges Amid AI Memory Shortage
Micron Technology's stock has surged through 2025 and into 2026 as heavy demand for Nvidia's AI GPUs has created a global memory shortage, lifting Micron's market capitalization to about $520 billion and making it the only top-10 U.S. tech company to gain this year. Analysts expect fiscal Q2 revenue to rise about 148% year-over-year, DRAM selling prices to climb roughly 32% quarter-over-quarter, and industry forecasts predict tight memory supply into 2027, pressuring PC vendors and driving elevated cloud capital expenditures.
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