Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Micron Technology Shares Jump 5% to $426.13 as AI-Driven HBM Demand Fuels Rally Ahead of Earnings

Micron Technology Inc. (NASDAQ: MU) shares surged more than 5% in recent trading, closing at $426.13 on March 13, 2026, after a strong session that saw the stock gain $20.78 or 5.13% amid continued enthusiasm for its role in supplying high-bandwidth memory (HBM) critical to artificial intelligence applications.

Earnings News: Micron Technology Inc (NASDAQ: MU)

The rally pushed Micron's market capitalization to approximately $479 billion to $477 billion, depending on intraday fluctuations, with pre-market activity on March 16 showing further gains to around $445.69 to $445.99, up another 4.5% to 4.7% in early trading. Volume on the March 13 session reached nearly 39 million shares, well above average, reflecting heightened investor interest.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.