Micron Technology Inc (NASDAQ: MU) (FRA: MTE) is a major American company that designs and makes memory chips used in everyday devices like smartphones, laptops, servers and advanced AI systems.
These chips, known as dynamic random-access memory (DRAM) and NAND flash, store data quickly and reliably. High-bandwidth memory (HBM) from Micron helps power the huge data centres that run artificial intelligence.
In 2025 and into 2026, the company has drawn strong interest from investors because the AI boom has created massive demand for its chips. Supply cannot keep up, prices have risen, and earnings are growing fast.
Micron’s stock has more than tripled in the past year, and experts project the overall memory market could more than double by 2027.
Many see Micron as a key player in the AI revolution, with solid long-term growth ahead.
BREAKING: Representative Cleo Fields just filed massive new stock trades.
He bought up to $250,000 of Micron Technology stock.
This is the first time we have seen him trade $MU.
Full trade list up on Quiver. pic.twitter.com/cxb9t97GkX
— Quiver Quantitative (@QuiverQuant) February 25, 2026
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Micron celebrates major milestones
One of Micron’s biggest recent moves came last month when it broke ground on a huge new semiconductor factory in Clay, New York. This US$100 billion project is the largest private investment in New York state history and part of a broader US$200 billion plan to expand U.S. manufacturing.
The site will eventually include up to four factories and help produce advanced memory chips for AI. Construction will create thousands of jobs over time.
Currently, the company is growing its workforce to support this rapid rate of expansion. Micron is actively hiring for many roles across engineering, manufacturing and support positions, especially at its new and existing U.S. sites. It runs strong university recruiting and new-grad programs to bring in fresh talent.
Micron is popular among employees. This year, it was ranked among the top companies on Glassdoor’s list of the Best Places to Work in Tech & AI. It has received praise for career growth opportunities, innovative projects, good benefits and a positive culture.
Read more: Google DeepMind CEO warns of peril should we lose control of AI systems
Micron’s latest financial results shine
The chip leader has been performing exceptionally well. In fiscal Q1 ending in late November, Micron reported revenue reaching US$13.64 billion — a 57 per cent year-over-year improvement.
Non-generally accepted accounting principles (GAAP) earnings per share clocked in at US$4.78 during the quarter. Strong AI demand, especially for high-bandwidth memory, drove the gains.
Micron announced Tuesday that it will be releasing its fiscal Q2 results on Mar. 18. The firm is expecting revenue around US$18.7 billion and earnings per share close to US$8.42 — another big step up.
Micron’s top three competitors are Samsung Electronics Co Ltd (KRX: 005930), SK Hynix Inc (KRX: 000660) and Western Digital Corp (NASDAQ: WDC) (ETR: WDC). These companies also make memory chips, but Micron stands out as the only major U.S.-based supplier of advanced HBM for AI.
Micron has raised its capital spending plan to US$20 billion for the full year to build more capacity.
Read more: Investment firm thinks TOTO is a highly undervalued AI player
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Anonymous
February 26, 2026 at 3:26 am
sandisk is not owned by western digital. Spinoff occured in 2025. Pls fix.