$Micron Technology(MU)$ 32GB RDIMM pricing from Dramexchange: 1,600 on 8/24, 2,050 on 9/14. That's a 28.12% move in 3 weeks. Memory is going to get expensive. A lot of people still don't understand what's coming. Memory prices have roughly 10x'd in a year, and they're still below fair value considering how hard it is to manufacture and the capex required for equipment.
$Micron Technology(MU)$ Price reaction over the past four quarterly earnings, comparing the close on release day to the close the next day: 1. June 24, 2026: +15.7% 2. March 18, 2026: -4.0% 3. December 17, 2025: +10.1% 4. September 23, 2025: +3.8% The company has beaten estimates for 7 consecutive quarters. Wall Street consensus is "Strong Buy," with 49 analysts recommending buying and 0 recommending selling. The average 12-month price target is $1,513, which implies roughly 45% upside from current levels.
Micron ($Micron Technology(MU)$ ) is holding strong support above $1,000, which looks like the setup for a quick move toward $1,100 by Friday. The bullish momentum here is backed by analysts pointing to the cyclical memory downturn having bottomed, driven by massive AI-related demand. Short-term dips back to the $1,000 level still look like high-conviction buying opportunities, as long as you account for $Micron Technology(MU)$ 's typical high-beta volatility.