MU is trading at $699.02 (+8.10%) as the company reaches full capacity for its 2026 HBM production to meet surging AI demand for Nvidia Rubin chips.
- Analysts have set a $1,500 price target following reports that Micron is now fully booked on high-bandwidth memory through 2026.
- The rally outpaces the Nasdaq's +1.10% gain and broader tech sector strength, successfully reversing yesterday's -2.99% dip.