# Micron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products.

*semiconductor · news · 2026-04-29 · Barchart*

## Key points

- Micron's recent outperformance is largely driven by AI-fueled memory shortages and high-bandwidth memory leadership.
- Micron has begun volume shipments of HBM4 and shifted HBM3E production to higher-margin AI products.
- UBS reported a 95% jump in Q1 memory prices and increased long-term supply deals for Micron.
- Analysts expect Micron's EPS to grow 651.6% to $57.72 in the current fiscal year.
- The analyst consensus on Micron has become slightly less bullish compared to the previous month.

**Companies:** Micron Technology, Inc.
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1591044/are-wall-street-analysts-bullish-on-micron-technology-stock)

---

Canonical: https://newsio.io/n/73c3a695-c3ba-4a2e-bb81-a2ce399a82dc/micron-technology-inc-mu-designs-develops-manufactures-and-sells-memory-and-stor
Summarized by Newsio from Barchart. https://newsio.io/how-it-works
