Micron (MU) Stock Today, Nov. 19, 2025: HBM Sold Out for 2026 as CFO Signals Higher AI Capex and TD Cowen Lifts Target to $275
Micron shares closed at $225.92 on November 19, down 1.1% after CFO Mark Murphy signaled capital spending could rise above the current $18 billion run-rate due to tight supply and multi-year deals. All high-bandwidth memory supply for 2026 is fully contracted. The stock is up about 198% year-to-date but slipped as investors weighed higher spending against AI-driven growth.