--- title: "What's Going On With Micron Stock Friday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/276467321.md" description: "Micron Technology Inc. (NASDAQ: MU) stock rose 1.70% to $424.43 on Friday, driven by AI memory demand and supply constraints. Analysts are optimistic about growth, with JPMorgan's Harlan Sur predicting sustained pricing power due to high-bandwidth memory demand exceeding supply until 2026. Institutional investors, including Appaloosa Management, have increased their stakes in Micron. The stock has surged over 332% in the past year, outperforming the PHLX Semiconductor Index, which rose 61%. Micron is nearing its 52-week high of $455.50." datetime: "2026-02-20T17:01:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276467321.md) - [en](https://longbridge.com/en/news/276467321.md) - [zh-HK](https://longbridge.com/zh-HK/news/276467321.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/276467321.md) | [繁體中文](https://longbridge.com/zh-HK/news/276467321.md) # What's Going On With Micron Stock Friday? **Micron Technology Inc.** (NASDAQ:MU) stock rose Friday as investors leaned further into the AI memory trade, supported by the tightening supply of next-generation DRAM used in high-performance computing. Institutional inflows and bullish analyst commentary continue to reinforce expectations that demand for AI-focused memory—particularly high-bandwidth memory—could outpace supply well into the next decade. That dynamic is seen sustaining pricing power and supporting Micron's longer-term growth outlook even as sentiment across the broader technology sector remains mixed. Micron has also drawn attention following notable institutional positioning. **David Tepper's Appaloosa Management** increased its Micron stake by 250% while trimming exposure to **Nvidia Corp.** (NASDAQ:NVDA) and **Amazon.com, Inc.** (NASDAQ:AMZN). ## Analyst Sees Supply Constraints Supporting Pricing **JPMorgan** analyst Harlan Sur said AI-driven demand for DRAM, particularly high-bandwidth memory (HBM), is expected to continue exceeding supply beyond 2026, which could help sustain memory pricing and support Micron's earnings outlook. Sur reiterated an Overweight rating and a $350 price forecast. Sur added that Micron remains constrained in its ability to grow supply and meet incremental customer demand because it lacks available clean-room space. Even so, he said node transitions, production efficiency improvements, and accelerated yield ramps should collectively drive at least 20% growth in bit shipments for both DRAM and NAND in calendar 2026. Micron shares have gained more than 332% over the past 12 months, compared with a 61% rise in the **PHLX Semiconductor Index**. Over the last three months, the stock has advanced more than 106%, exceeding the index's 29% gain. The Nasdaq 100 Index rose over 15% in the past year and 3% over the three-month period. **MU Price Action:** Micron Technology shares were up 1.70% at $424.43 at the time of publication on Friday. The stock is approaching its 52-week high of $455.50, according to Benzinga Pro data. _Photo via Shutterstock_ ### Related Stocks - [GraniteShares 2x Long MU Daily ETF (MULL.US)](https://longbridge.com/en/quote/MULL.US.md) - [Micron Technology, Inc. (MU.US)](https://longbridge.com/en/quote/MU.US.md) - [First Trust Nasdaq Semiconductor ETF (FTXL.US)](https://longbridge.com/en/quote/FTXL.US.md) - [Global X AI Semiconductor & Quantum ETF (CHPX.US)](https://longbridge.com/en/quote/CHPX.US.md) - [Direxion Daily MU Bull 2X Shares (MUU.US)](https://longbridge.com/en/quote/MUU.US.md) - [Direxion Daily Semicondct Bull 3X ETF (SOXL.US)](https://longbridge.com/en/quote/SOXL.US.md) - [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/en/quote/SOXX.US.md) - [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/en/quote/SMH.US.md) - [State Street® SPDR® S&P® Smcndctr ETF (XSD.US)](https://longbridge.com/en/quote/XSD.US.md) - [Invesco PHLX Semiconductor ETF (SOXQ.US)](https://longbridge.com/en/quote/SOXQ.US.md) - [Invesco Semiconductors ETF (PSI.US)](https://longbridge.com/en/quote/PSI.US.md) ## Related News & Research - [Micron's stock is seeing its biggest gain in a year, en route to a record market-cap boost](https://longbridge.com/en/news/281405397.md) - [Top Analyst Calls Micron Stock (MU) a "Top Pick," Sees Multi-Year AI Upside](https://longbridge.com/en/news/281435745.md) - [RBC Capital Stays Bullish on Micron Stock (MU) Despite Recent Selloff, Says 'Memory Pricing Strength Could Extend into 2027'](https://longbridge.com/en/news/281168404.md) - [Micron Technology Prices Tender Offers for Senior Notes](https://longbridge.com/en/news/281251689.md) - [The High-Bandwidth Memory (HBM) Bottleneck Can Still Cause Micron's Stock to Soar](https://longbridge.com/en/news/281662827.md)