Shares of Micron Technology (MU) have surged 97% year-to-date, driven by strong demand for memory chips and storage solutions, particularly in AI applications. Fiscal 2025 saw record revenue of $37.4 billion, with gross margins reaching 41%. High-bandwidth memory and server DRAM sales soared to $10 billion, reflecting the growing need for AI technologies. Micron’s position in the AI market remains strong, with projections of 67% EPS growth in fiscal 2026. Analysts recommend a “Strong Buy” for MU stock, citing its undervalued status and significant upside potential. The company’s AI-driven demand across various markets and attractive valuation make it a compelling investment choice for both existing and new shareholders.

Read more at Yahoo Finance: Micron’s Rally Isn’t Over. Here’s Why You Should Keep Holding MU Stock.