Micron Stock Is Up 700% Over the Past Year. Its Shares Still Look Relatively Cheap.
Key takeaways
- Even amid the surging share prices of many AI stocks, Micron s performance stands out among the crowd.
- That pursuit could fuel even higher memory sales volumes in the coming years.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
Chris Neiger, The Motley Fool Sat, May 9, 2026 at 9:20 PM GMT+7 4 min read MU INTC GOOG AMZN MSFT Shares of Micron Technology (NASDAQ: MU) have soared by 710% over the past 12 months as the company has benefited from the rising demand for memory processors used in artificial intelligence (AI) data centers. Even amid the surging share prices of many AI stocks, Micron s performance stands out among the crowd.
Technology companies -- including Alphabet, Amazon, Microsoft, Meta Platforms, and others -- are committing to eye-watering amounts of AI capital expenditures, which will add up to $750 billion this year alone, as they focus on offering the best AI services and models. That pursuit could fuel even higher memory sales volumes in the coming years.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »