Micron Stock Investors Just Got Good News From Wall Street and Nvidia CEO Jensen Huang
Massive AI-driven demand for memory chips could persist for several years.
Overview
Shares of Micron Technology (NASDAQ: MU) have advanced 240% year to date. That makes it the second-best-performing stock in the S&P 500 (SNPINDEX: ^GSPC), 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 (NASDAQ: NVDA) CEO Jensen Huang says demand for memory chips will continue to outpace supply for several years.
Details
Here's what investors should know.
Source
Originally published at www.fool.com.
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