Micron’s (NASDAQ: MU) stock price has increased by more than 100% since its April low, and by many hundreds of percentage points since 2025. Still, it may have a long ride ahead of it.
That is because it is a critical player in HBM memory, the driving force of AI, and demand is tied up through the end of next year. The latest chatter in industry circles is that massive price increases are still underway, long-term contracts are the norm, and quarterly price resets are likely until late 2027, if they end that soon.
