Micron Technology executives sold a combined $52 million in company shares. This move triggered caution among investors weighing the sales against the company's performance.
Surging demand for artificial intelligence memory chips bolsters the long-term outlook. Micron reports its products are sold out through 2027.
DRAM prices increased sixfold over the past year during an unprecedented super-cycle. Projections indicate a 600% earnings per share increase for fiscal year 2026.