If you're thinking, 2027? That’s quite a way off; you might not realize that Micron’s (NASDAQ: MU) key product is already fully booked through 2026. It's the 2027 forecasts—uncertain in valuation by analysts—that will influence this stock in 2026.
HBM memory, the memory powering the GPUs on which AI is run, is sold out. That’s leading to global shortages and, for Micron, an opportunity to expand production and take share. It is a leading provider of advanced HBM memory components. The latest news is groundbreaking at its Clay, NY, location, but that is a catalyst for the future. The Clay facility won’t begin phasing operations for several years, making other projects more impactful in the near term.
