Micron Stock Could Jump After Sept. 30 Results as AI Data-Center Capex Nears $800 Billion
Updated
Updated · Yahoo Finance · Sep 21
Micron Stock Could Jump After Sept. 30 Results as AI Data-Center Capex Nears $800 Billion
3 articles · Updated · Yahoo Finance · Sep 21
Summary
Micron shares, already up 256% in 2026 and more than 23% since early August, are seen gaining further after the chipmaker reports fiscal fourth-quarter results on Sept. 30.
AI data-center demand is the main driver: memory remains critical for training and inference workloads, and PwC estimates annual data-center capital spending will reach $800 billion in 2026.
That spending boom is expected to keep lifting Micron because much of the outlay will go to recurring chip upgrades, with hardware's share projected to rise from 70% now to 93% by 2050.
Supply constraints add another tailwind, with Goldman Sachs forecasting DRAM demand will exceed supply by 5% in 2026 and 5.9% in 2027, while new memory fabs are not expected to reach volume production until 2029.