Micron rises as AI memory rally and 2027 capacity pre-sales lift shares
+7.62% to $892.67 from $829.50
What moved MU
- Micron rose more than 3% before the open as the U.S. storage sector strengthened broadly.
- Micron, Samsung, and SK Hynix have already completed part of their 2027 capacity allocation, reflecting robust demand for HBM and high-end DRAM tied to AI servers.
- Micron captured a 25% share of global DRAM revenue in the second quarter of 2026, just one point behind SK Hynix’s 26%, according to Counterpoint Research.
Sources: Yahoo Finance · GuruFocus · Benzinga