Stock Track | Micron Technology Soars 5.04% in Pre-Market as Director's $7.8M Bet Fuels AI Storage Super-Cycle Optimism

Stock Track01-16

Micron Technology (MU) surged 5.04% in pre-market trading on Friday, extending its 2026 rally amid robust insider confidence and booming demand for AI-related memory chips.

Director Mark Liu, a former TSMC executive, purchased $7.8 million worth of Micron shares this week, signaling strong belief in the company's growth trajectory. This follows Micron's stellar 2025 performance (+240%) and its optimistic fiscal 2026 revenue guidance of $18.3B-$19.1B, far exceeding market expectations.

The rally is further fueled by the AI-driven "storage chip super-cycle," with Citigroup and Nomura forecasting DRAM/NAND price hikes of up to 88% and 74%, respectively, in 2026. Micron's strategic focus on high-bandwidth memory (HBM) and data center SSDs positions it as a key beneficiary of the AI infrastructure boom.

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