Micron rides memory price spike into earnings with stock up 62%, drubbing its tech peers

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Micron

saw its stock triple in 2025, and it’s up nearly 62% so far in 2026, as heavy demand for memory-rich Nvidia

artificial intelligence chips leads to shortages.

The memory crunch that’s boosted Micron has been bad news for many of its tech peers, which are dealing with higher prices as they try to secure critical components. Among the 10 most valuable U.S. tech companies, Micron is the only one up this year. The rally has elevated Micron’s market cap to $520 billion, passing Oracle

Micron rides memory price spike into earnings with stock up 62%, drubbing its tech peers

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