Micron (MU) Stock Soars to Record High — What’s Driving the Rally?

Shares of Micron Technology (MU) are surging and have hit an all-time high, drawing strong attention from investors. MU stock is up by 4.6% in pre-market hours today, extending its gain of 6.3% in the previous session. The rally is being driven by growing optimism around AI-driven memory demand, improving pricing trends in DRAM and NAND.

For context, Micron makes NAND chips for long-term storage like SSDs and smartphones, and DRAM chips that act as fast working memory in computers and data centers.