Micron Is Up 700%. It's Still Cheaper Than Nvidia, AMD And Even Intel

Micron (MU) has rallied sharply—up more than 700% over the past year and more than 210% since late March—as AI-driven demand for high-bandwidth memory (HBM) boosted earnings expectations. The article frames the move as a fundamentals-led rebound tied to improved AI memory demand, supporting continued positive investor positioning in the AI memory trade.

Analysis

Micron (MU) has rallied sharply—up more than 700% over the past year and more than 210% since late March—as AI-driven demand for high-bandwidth memory (HBM) boosted earnings expectations. The article frames the move as a fundamentals-led rebound tied to improved AI memory demand, supporting continued positive investor positioning in the AI memory trade.