Micron Technology
MU · NASDAQ · Technology
$1,071.88
$23.80 (-2.22%) today
Market Cap
$1.21T
24h Volume
$22.9B
P/E Ratio
24.2
52w High
$1,213.37
52w Low
$156.58
Est. AI Revenue
30%
7-Day Sparkline (Static)
Company facts
Performance
About Micron Technology
Micron Technology is one of the world's leading memory and storage chip makers. It manufactures DRAM and NAND, the memory that every computer needs, and sells it into data center, mobile, PC, automotive, and industrial markets.
AI has transformed what its memory is worth. HBM3E, its high-bandwidth memory, is stacked directly beside AI accelerators and is critical for training and inference, with capacity sold out well in advance. AI DRAM and Data Center SSDs feed AI servers, and CXL Memory expands how systems attach memory at scale.
Founded in 1978 and headquartered in Boise, Idaho, Micron trades on the NASDAQ and employs about 53,000 people under CEO Sanjay Mehrotra.
Micron Technology in the AI buildout
Micron anchors the Memory & Storage layer of the buildout and sits in the Semiconductors layer more broadly. AI accelerators are only as fast as the memory feeding them, and Micron's HBM3E ships directly into those systems, with capacity committed well in advance. AI memory demand now dominates its pricing, product mix, and the entire investment thesis, which is why Supercycle scores it 78 out of 100, close to pure play territory.
MU is tracked in Memory & Storage and Semiconductors, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
MU trades at $1,071.88, 87% of the way up its 52-week range of $156.58 to $1,213.37.
Market cap
Market capitalization is $1.21T, with an AI Exposure Score of 78 out of 100.
Valuation vs peers
Its P/E ratio of 24.2 is in line with the Memory & Storage category median of 24.6.
Next earnings
Micron Technology is next expected to report earnings on September 30, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Micron Technology do?
Micron manufactures memory and storage chips, DRAM and NAND, sold into data center, mobile, PC, automotive, and industrial markets. It is one of the few companies in the world making this memory at scale.
How is Micron exposed to AI?
Heavily. Its HBM3E high-bandwidth memory ships directly into AI accelerators with capacity sold out well in advance, and AI demand now drives pricing and mix. Supercycle scores it 78 out of 100.
What are Micron's main AI products?
HBM3E high-bandwidth memory for AI accelerators, AI-optimized DRAM, CXL Memory for scalable system memory, and Data Center SSDs for AI server storage.
What is HBM and why does it matter?
High-bandwidth memory is stacked memory placed next to AI chips so data moves fast enough to keep them busy. AI training and inference depend on it, making HBM a critical buildout component.
Where is Micron headquartered and who leads it?
Micron is headquartered in Boise, Idaho, was founded in 1978, and is led by CEO Sanjay Mehrotra. It employs about 53,000 people and trades on the NASDAQ.
Is MU a pure play AI stock?
Nearly. Memory serves many markets, but AI demand now dominates the thesis, pricing, and product mix. Its score of 78 out of 100 places it high on Supercycle's leaderboard.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.