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News  ›  The Motley Fool

Why Micron Stock Rocketed 34% Higher in October

The Motley Fool Logo The Motley Fool By Timothy Green
Why Micron Stock Rocketed 34% Higher in October

Micron's stock surged 34% in October due to soaring DRAM chip prices driven by strong AI infrastructure demand, with expectations of continued price increases and tight supply in 2026.

Insights
MU   positive

Strong AI-driven demand for high-bandwidth memory, rising DRAM prices, signed supply deals for 2026, and significant profit growth (300% increase in free cash flow)