Prediction: Micron Stock Will Go Parabolic After Sept. 30. Here Are 31.6 Trillion Reasons Why
The consistently strong spending on AI data center infrastructure and the ongoing supply shortage in the memory market will be a tailwind for Micron.
Overview
Micron Technology (NASDAQ:MU) has been in crushing form on the stock market in 2026 so far, with shares of the memory specialist already up 256% this year.
This impressive rally will be put to the test when Micron releases its fiscal 2026 fourth-quarter results on Sept. 30. The good news for investors is that Micron stock has been regaining momentum lately. It has jumped over 23% since the beginning of August, and there is a good chance that Micron's upcoming results will give the stock a major boost.
Details
Let's look at the reasons why Micron could make a parabolic move after Sept. 30.
Source
Originally published at www.fool.com.