BSE:500387 News 19 December 2025

January 31, 2026, 4:32 PM EST. Micron (MU) stock has surged from $62 in April 2025 to $415, driven by soaring demand for Dynamic Random Access Memory (DRAM) and NAND memory amid global supply constraints. Analysts at Goldman Sachs highlight robust AI spending, with an estimated $525 billion this year fueling growth in memory stocks like Micron. The high-bandwidth memory (HBM) market is projected to nearly triple to $100 billion by 2028, supporting strong revenue and margin expansion. Micron's revenue rose from $27 billion in 2021 to $37 billion in FY2025, with forecasts reaching $88 billion by 2027. Despite trading at record highs, Micron remains undervalued given its accelerating growth, higher pricing power, and supply expansions planned for late 2027. Wall Street estimates Q2 revenue growth of 132% and annual revenue doubling to $74 billion, underscoring continued bullish momentum.