MU is trading +2.96% now at $293.21, bucking the broader market trend and extending gains fueled by strong Q1 fiscal 2026 earnings and persistent AI demand.
- The stock is showing significant strength while the S&P 500 is down 0.3% and the Nasdaq is down 0.48%.
- Recent momentum stems from Q1 fiscal 2026 results, which included $13.64B in revenue and record free cash flow.
- Gains persist despite thin end-of-year trading volumes, indicating continued investor confidence in AI-driven growth.