Micron reported a 256% jump in fiscal 2026 revenue to $133.1 billion, driven by AI‑related memory demand, while its stock surged 500% over the past year.
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Micron stock jumped nearly 5% before settling at a 1.8% gain as Stifel analyst Brian Chin reaffirmed a buy rating and a $1,500 price target, while noting a more measured earnings upside ahead of the company’s Q4 report.