MU is trading at $790.00 (+5.8%) today as AI-driven memory demand creates the tightest supply environment in years, fueled further by growing stock-split speculation.
- The stock has gained over 36% in just five trading days, reaching valuations not seen in 25 years amid a once-in-a-generation memory chip shortage.
- Investor sentiment is bolstered by the broader semiconductor rally following the Intel-Apple partnership, highlighting Micron's role as a critical supplier for AI data centers.