Why Micron Technology Stock Skyrocketed 87.8% Last Month But Is Falling in June
Key takeaways
- Keith Noonan, The Motley Fool Mon, June 8, 2026 at 5:35 PM GMT+7 3 min read MU NVDA ^GSPC ^IXIC Micron (NASDAQ: MU) stock posted a massive rally in May s trading.
- Micron has been on a huge rally this year thanks to a favorable demand outlook for memory chips used in artificial intelligence and data center applications.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Keith Noonan, The Motley Fool Mon, June 8, 2026 at 5:35 PM GMT+7 3 min read MU NVDA ^GSPC ^IXIC Micron (NASDAQ: MU) stock posted a massive rally in May s trading. The company s share price surged 87.8% higher in a month that saw the S&P 500 gain 5.2% and the Nasdaq Composite jump 8.4%.
Micron has been on a huge rally this year thanks to a favorable demand outlook for memory chips used in artificial intelligence and data center applications. Even with a pullback in June s trading, the company s share price is up roughly 203% in 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »