Micron Technology Inc.
Designs, manufactures, and sells memory and storage semiconductors for data centre, automotive, mobile, and consumer markets globally.
As of Jul 17, 2026
Executive summary
Micron Technology is a major semiconductor manufacturer that designs and produces memory and storage solutions for data centres, computing devices, and mobile applications. The stock is trading with a bearish technical bias, having fallen 5.6% today, and has declined 21.6% over the past month despite delivering a substantial 611.5% gain over the last year. At its current price of $853.20, the company holds a market capitalisation of $964 billion.
Price history
As of Jul 16, 2026
Performance
-5.65%
-13.96%
-21.57%
+87.04%
+199.11%
+611.49%
As of Jul 16, 2026
Technical indicators
- 41.3
- -29.71Bearish
- 50: 929.4 · 200: 479.48
- $891.66 / $1,036
Technical Bias
Bearish lean
Micron Technology's technical setup leans bearish right now: MACD is negative at -29.71, whilst RSI sits at 41.3 and moving averages remain neutral. This derived technical read suggests the stock is under near-term selling pressure, though it's not a recommendation either way.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 16, 2026
Fundamentals
- $964B
- 20.45
- $41.72
- 55.91%
- +345.7%
- $1.67B
- 2.14
- $103.21 – $1,255
- 0.06%
- Jul 6, 2026
- —
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
Micron has slid 21.6% over the past month, and the MACD's bearish tilt suggests downward pressure is still in play, even as RSI at 41.3 sits in neutral territory rather than oversold. With price wedged between support at $891.66 and resistance at $1,036, the next few weeks likely hinge on whether that support holds.
Medium-term outlook
Micron's fundamentals stand out, with revenue up 345.7% year-on-year and a profit margin of 55.9%, while trading on a P/E of 20.45 and offering a modest 0.1% dividend yield. That said, the technical picture currently leans bearish, suggesting near-term price action may not fully reflect the strength seen in the underlying numbers over the coming quarters.
Key risks
- A beta of 2.14 means Micron tends to swing much more sharply than the broader market, so downturns in tech sentiment can hit the stock hard.
- Recent headlines point to a broad chip-sector selloff and volatility, showing how quickly momentum can reverse even for well-positioned names.
- The current price of $853.20 sits far below the 52-week high of $1,255, highlighting how steep drawdowns have been and how much room remains for further swings in either direction.
- Revenue growth of +345.7% year-on-year is an unusually high pace, and such rapid growth can be difficult to sustain, making future comparisons tougher.
About Micron Technology Inc.
Micron Technology is one of the world's major semiconductor makers, focused on memory and storage chips such as DRAM and NAND flash. Listed on the NASDAQ under the ticker MU, it sits within the Technology sector and the Semiconductors industry, supplying the building blocks used in everything from smartphones and PCs to data centres and AI computing systems. With a market capitalisation of $964B, Micron ranks among the larger names in its industry.
The company's key figures give a snapshot of how the market currently values it. A price-to-earnings ratio of 20.45 shows what investors are paying relative to Micron's earnings, while a dividend yield of +0.1% indicates a modest cash return to shareholders alongside any share price movement. Together, these figures reflect a business valued mainly on its growth and earnings potential rather than for income generation.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.