🟢 MU is trading 4.3% up today on AI memory demand and strong Q1 earnings momentum

MU is trading at $325.70 (+4.3%) amid continued AI-driven memory demand, following strong fiscal Q1 2026 results and optimistic Q2 guidance.

• Fiscal Q1 2026 results showed record revenue of $13.64B and $4.78 non-GAAP EPS, beating estimates, with Q2 guidance set at $18.7B revenue and $8.42 EPS.
• All 2026 High Bandwidth Memory (HBM) capacity is sold out, supported by $7B expansion plans to meet future demand.
• Analysts are raising targets, now ranging from $325 to $500, fueling the significant rally.