Micron Technology stock price remained range-bound between $116.50 and $119.80, awaiting catalysts from upcoming industry conferences. Semiconductor ETF inflows may provide near-term upside. Micron Technology (MU) just wrapped its fiscal year with eye-catching results, as revenue and profits jumped ahead of Wall Street’s estimates. Early guidance for the next quarter looks bright and is underpinned by soaring demand for advanced memory products. Among Micron’s recent announcements, updated quarterly guidance is particularly relevant, forecasting revenue of US$12.50 billion and EPS of US$3.56 for Q1 2026. This strong outlook lines up with the bullish signals from record fiscal 2025 earnings and reflects the AI-driven demand that shapes both short-term catalysts and long-term conviction. Micron Technology stock price stability is underpinned by reduced inventory levels and improved supply chain efficiency compared to last year’s downturn.
