MUU is trading 23.1% up in after-hours trading, driven by Micron Technology’s stronger-than-expected fiscal Q3 2026 earnings and optimistic outlook for AI memory-chip demand.
- Micron reported a massive 346% year-over-year revenue surge and strong EPS, far exceeding analyst expectations.
- The semiconductor sector is experiencing an AI-fueled upcycle, with analysts raising price targets for Micron and anticipating continued robust demand for high-bandwidth memory.