MU is trading 5.6% up at $450.12 as investors bid up the stock ahead of Q2 earnings amid optimism over booming AI-driven memory demand.
- Micron has reportedly presold its entire 2026 High Bandwidth Memory (HBM) supply, signaling long-term growth through continued capacity expansion.
- Positive analyst commentary is reinforcing the bull case as the stock benefits from a broader semiconductor and equity market rally.