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Micron Technology shares were up 3.34% at $378.48 at the time of publication on Monday.
Micron's new contracts with hyperscale customers include pricing floors and upfront capacity payments.
KEY POINTS
- KeyBanc expects sharp near-term increases in DRAM and NAND prices, raising its estimates for Micron.
- SK Hynix's potential U.S. listing could temporarily shift investor capital away from Micron.
- Micron's next major earnings report is estimated for June 24, 2026, with EPS expected to rise sharply.
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