Weekly Special Report: Micron Technology (#MICRON)

MICRON: THE COMPANY

• MICRON is a US company that designs, develops, manufactures, and sells innovative semiconductor memory (chips) and storage solutions powering everything from smartphones and PCs (Personal Computers) to data centers, automotive, and AI applications. Founded in 1978, Micron is one of the oldest US chip makers.
• MICRON STOCK IS PART OF THE S&P 500 AND NASDAQ 100 INDEX (USA500, USA100).
• MICRON MAIN PRODUCTS: MEMORY CHIPS. Electronic storage for information so the processors and AI chips can access them. Without memory, a processor has nothing to work on.

DRAM: memory used by CPUs/GPUs to run programs and process data

NAND flash: storage memory used in SSDs (modern computer storage devices that use flash memory (integrated circuits) to store data persistently).

HIGH-BANDWIDTH MEMORY (HBM): very fast, premium memory used in AI chips and AI servers.

MICRON: WHY IT MATTERS IN THE A.I. WORLD

• HIGH-BANDWIDTH MEMORY (HBM): This chip sits right next to the AI chip and feeds data extremely fast, removing the “waiting” problem. Without it, the AI training is slow, or data centers become less efficient.
• AI CHIPS NEED MORE MEMORY: As AI chips become more powerful, each chip needs more memory. At the same time, more AI chips are being deployed, significantly increasing demand for advanced memory like Micron’s HBM.
• A.I. MEMORY DEMAND IS EXCEEDING SUPPLY. Memory manufacturers such as SK Hynix and Samsung expect shortages to continue for years, potentially through 2028–2030. Strong demand and limited supply are also pushing memory chip prices higher, which could benefit producers such as Micron.

U.S. - CHINA SUMMIT:

• U.S. – CHINA SUMMIT (SEPTEMBER 23–25): A.I. AND CHIPS IN FOCUS. President Trump and President Xi are expected to discuss trade, technology, AI and semiconductor restrictions.
• POTENTIAL IMPACT ON MICRON: China restricted Micron products from critical infrastructure in 2023, significantly reducing its business in the country. In 2025, China accounted for 7% of Micron’s total revenue. Better U.S.–China relations could potentially improve Micron’s access to the Chinese market.

MICRON: EVENTS

• WEDNESDAY, SEPTEMBER 30, AFTERMARKET: Q2 EARNINGS REPORT. According to Bloomberg, Micron is expected to print $50.99 billion in revenue (new record high), up about 350% from $11.31 billion in the same period last year. Micron is expected to report net income of $35.9 billion (new record high), an increase of roughly 1,000% from $3.26 billion last year.

MICRON: NEWS

• BREAKING (SEPTEMBER 15): MICRON ANNOUNCES NEW HIGH-CAPACITY MEMORY CHIP FOR A.I. SERVERS. Micron becomes the first company in the world to introduce a 512GB DDR5 memory module, allowing servers to store and process much more data at once, increasingly important for AI and data centers. The new memory is also faster and uses over 60% less power. AMD and Intel are already testing it, with production expected in the second half of 2027.

MICRON: TECHNICAL ANALYSIS AND PRICE ACTION

• STRONG SUPPORT AREA: $900–$800. Micron’s share price has repeatedly found support within the $900–$800 area. After its latest test last week, the stock rebounded strongly, reinforcing the importance of this support zone.
• MICRON STOCK PRICE HIT AN ALL-TIME HIGH OF $1,251.79 (June 25, 2026). Micron stock price has risen by roughly 271% in 2026 and 1,202% since 2025. The stock currently trades at $1,092, and if a full recovery to its previous all-time high occurs, it could see an upside potential of 15%. However, it could also decline.
• FORECAST (Source: Bloomberg Terminal): D.A. Davidson forecasts $2,000; Susquehanna forecasts $2,000; Barclays forecasts $2,000, KeyBank forecasts $1,750; BNP Paribas forecasts $1,700; HSBC forecasts $1,700; UBS forecasts $1,625; JPMorgan forecasts $1,540; Bank of America forecasts $1,550; Deutsche Bank forecasts $1,550.

GRAPH (Daily): April 2026 – September 2026

Please note that past performance does not guarantee future results

#MICRON, September 23, 2026
Current Price: 1,092

Example of calculation based on weekly market trend for 1.00 Lot¹

1. The above calculations are made based on 1.00 lot which is equivalent of 1,000 units

2. Calculations for exchange rate used as of 10:30 (GMT+1) 23/09/2026

You can use risk management tools such as Stop-Loss and Take-Profit.