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Micron Breaks $1,000 Again After Five-Day Rally

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MU Micron Technology Inc
$1011.75 +4.13%
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  1. 1Micron Technology (MU) closed up 4.1% at $1,011.75 on Monday, extending gains for a fifth straight session and reclaiming the $1,000 mark for the first time since July 2.
  2. 2Bank of America has named Micron a top pick, projecting EPS of $200–$250 for fiscal 2030—above the consensus peak of $160–$170.
  3. 3Memory stocks rebounded in August on big-tech data-center spending, and Cramer said Micron could double again from here if there is no slowdown.

This 3-line summary is compiled from the report below.

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