Micron (MU) Stock Jumps on AI Memory Supercycle: Crucial Exit, Japan Fab and 2026 Forecasts Explained
Micron shares closed at $237.22 on December 5, up 4.66%, rebounding after the company announced it will exit its Crucial consumer memory brand by early 2026. The stock is trading near record highs, fueled by record earnings, strong AI memory demand, and a $9.6 billion expansion in Japan. Investors are watching for the December 17 earnings report as institutional activity and insider selling pick up.