MU is trading at $644 (-3.4%) on profit-taking following yesterday's 4.12% rally to $666.59, which was driven by AI data-center SSD momentum and a $700B valuation milestone.
- The pullback aligns with mixed markets where the NASDAQ is up 0.13%, though no fresh company catalysts emerged today.
- Long-term strength remains supported by projected 90%+ DRAM price surges in 2026 due to sustained AI infrastructure demand.