# Micron Technology hit an all-time high of $683.09 on Wednesday May 7, 2026.

*semiconductor · news · 2026-05-08 · Artvoice*

## Key points

- Micron's HBM supply for 2026 is already fully booked, with customers signing multi-year prepayments.
- Micron reported $23.9 billion revenue, 196% growth, and expects up to 81% gross margins next quarter.
- Bernstein warned memory spot market pricing is forcing some OEMs and module houses to reduce purchases.
- A TipRanks analysis suggests Micron could reach $1,500 per share if current AI memory demand persists.
- Micron's last stock split was in 2000, raising speculation of a new split due to the recent price surge.

**Companies:** Micron Technology, Nvidia, AMD

[Read the full story on Artvoice](https://artvoice.com/2026/05/08/mu-stock-price-just-hit-an-all-time-high-and-heres-the-reason-why/)

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