🟢 MU is trading 6% up today on strong Q1 earnings and HBM supply-demand surge

MU is trading +6.33% now at $303.48 after reporting record fiscal Q1 2026 results and issuing strong Q2 guidance driven by AI-driven HBM demand.

• Fiscal Q1 2026 revenue reached $13.64B, beating estimates, with EPS landing at $4.78.
• Q2 guidance projects $18.7B revenue and $8.42 EPS, capitalizing on the HBM market, which is projected to hit $100B by 2028.
• Analysts like Bernstein raised price targets to $330, further fueling the rally in line with broader tech sector gains.