Micron profitability and stock price rise on surging memory demand
MU Micron Technology Inc
$896.07 -0.98%
View chart & analysis → - 1Micron's stock price has recorded a 334% increase over the past 12 months.
- 2Micron's operating profit increased from $9.77 billion in fiscal year 2025 to $99.34 billion in fiscal year 2026.
- 3The memory chip shortage is expected to continue until at least 2027.
So what's the key point?
Micron is making a lot of money because memory chips are in short supply. The company's profit is expected to grow to $99.34 billion in fiscal year 2026.
Source The Motley Fool +1 · View original ↗
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