Veytics Intelligence
2026-10-08 · Yahoo

Micron (MU) Is A Stock Jim Cramer Thinks Could Go From ~$1,000 To ~$2,000 Per Share

Micron Technology Inc.'s (NASDAQ:MU) and SK Hynix Inc. (NASDAQ:SKHY) are two of the hottest stocks on the market courtesy of the ongoing shortage in the memory chip industry. The former is up by more than 200% year-to-date, as the ongoing data center buildout creates strong demand for its products. As if these gains weren't enough, Micron is also part of a list of stocks that could go to the Moon (figuratively, of course). In his morning appearance on Friday, CNBC's Jim Cramer discussed the impact that Japanese firm Toshiba's announcement could have on the memory companies: "Micron, very low indirect impact. . .very little Micron, very little Sandisk. Low SK hynix, which is why SK hynix is now up. And Samsung low and indirect.

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