Overview
- Micron shares are up 318% over the past year, outpacing other prominent AI stocks.
- AI data-center demand has tightened DRAM and NAND supply, lifting Micron’s revenue and margins.
- Analysts project further gains in 2026, with DRAM prices seen rising about 62% in Q1 and 70% in Q2, and NAND also increasing this quarter.
- Samsung has reportedly enacted sharp DRAM price hikes — about 70% in January and roughly 100% more recently — highlighting acute shortages.
- Micron says supply constraints could persist into 2027, while commentators warn memory profits are cyclical and may ease as new capacity comes online.