Based on the average analyst estimate for fiscal 2026 adjusted earnings per share, Micron trades at a price-to-earnings ratio of just above 11. That may look incredibly inexpensive for a company growing so quickly and benefiting so greatly from the AI boom, but investors need to be careful. In South Korea, the Kospi index advanced 1.17% to close at 2,607.33 while the small-cap Kosdaq moved up 0.4% to 725.40. If hyperscale cloud investments remain on record pace, "NVIDIA stock price May 12 2025" might test new all-time highs. Quarterly capex data from Microsoft, AWS, and Google Cloud should be tracked for correlation.