Micron Technology Shares Surge to Unprecedented Heights on AI Demand
Published on 02/02/2026 at 22:53 | Redaktion boerse-global.de
Shares of Micron Technology Inc. soared to a record high during Monday’s trading session, marking a significant milestone for the memory chip manufacturer. The stock advanced by nearly 6 percent, closing at approximately $440 per share. This rally is fueled by a bullish analyst report and the seemingly insatiable demand for hardware to power artificial intelligence applications.
The company is capitalizing on rising prices for its DRAM chips, a direct result of the explosive expansion in AI. This growth necessitates increasingly powerful data centers, which in turn require vast amounts of high-performance memory.
Micron has secured a vital role in the AI supply chain. Its high-bandwidth memory (HBM3E) Read more...
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