NASDAQ:MU News 6 January 2026 - 9 January 2026

Micron Technology shares climbed 5.1% to $343.71 Friday after Moody’s upgraded its debt rating and Mizuho raised its price target to $390. Samsung’s record profit guidance and rising memory prices lifted sentiment. Micron will break ground Jan. 16 on a $100 billion New York chip plant. The company’s next earnings report is due March 18.

Micron shares fell 1.1% premarket to $339.55 after the company set Jan. 16 for the groundbreaking of its $100 billion New York “megafab.” The move follows recent record highs for Micron and peers amid tight memory pricing and strong AI-driven demand. Contract DRAM prices rose 313% year-on-year in Q4, with further gains expected. UBS raised its Micron price target to $400, citing AI’s impact on memory demand.

Micron Technology shares rose 10.1% to $343.72 Tuesday as memory and chip stocks rallied after Nvidia CEO Jensen Huang’s CES remarks. The PHLX semiconductor index hit a record high, while DDR5 DRAM prices jumped 314% year-on-year in Q4, according to TrendForce. Traders are watching U.S. payrolls data due Jan. 9 and memory price signals for direction.