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The Motley Fool
Micron Technology(MU6.58%)is having a moment. The maker of memory chips just posted second-quarter fiscal 2026 revenue of $23.9 billion, up 196% year over year. Gross margins have scaled up past 70%, a figure that would have seemed absurd for a memory company just three years ago. The stock trades at a forward P/E below 10, while the semiconductor industry median is around 30.If you squint, it loo
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The Motley Fool
Demand for memory chips has skyrocketed over the past year as big tech companies upped their spending on artificial intelligence (AI) data centers. That's been a huge boon for bothMicron Technology(MU6.58%)andSandisk(SNDK+1.97%), which have benefited from tremendous pricing power. Earnings at both companies have soared, as have their stock prices. Micron shares are up over 700% in the past 12 mont
2026-05-17
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2026-05-17
The Motley Fool
Micron Technology(MU6.58%)has been going ballistic over the past couple of years. It's up 157% year to date and 693% over the past 12 months. So, is it too late to grab a slice of that yourself?In short, it doesn't look like it.Thanks for the memoriesMicronmakes memory hardware, namely random access memory (RAM) and dynamic random access memory (DRAM).Those components are required for computers to
2026-05-17
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