Key Points The demand for high-bandwidth memory has sent Micron soaring. Investors should not assume that cyclicality is dead. 10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) has experienced extreme price swings during the past 17 months. Since hitting a low in April 2025, the stock has risen 15-fold. That increase includes the 22% pullback in the stock price since its high in June, placing the semiconductor stock in an interesting but uncertain position heading into its Sept. 30 earnings report date. From some perspectives, the stock remains appealing despite its dramatic rise, but its history suggests it may not be as attractive as some analysts may think. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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