# Micron Technology, Inc. stock has skyrocketed to a new all-time high following its endorsement by U.S. President Donald Trump.

*business · news · 2026-05-26 · Finbold*

## Key points

- UBS raised Micron's price target from $535 to $1,625, dramatically increasing earnings estimates for 2027-2029.
- Micron's Q2 fiscal 2026 revenue reached $23.86 billion, nearly tripling year-over-year.
- President Trump cited Micron's investment in Clay, New York could exceed $100 billion when complete.
- Finbold AI Agent predicts MU stock could drop 17.27% by July 25, 2026, to $735.39.

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

[Read the full story on Finbold](https://finbold.com/mu-stock-is-up-over-20-since-trump-said-microns-great/)

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