---
title: "What Is Going on With Micron Stock on Tuesday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299794352.md"
description: "Micron Technology (MU) shares rose over 6% on Tuesday, driven by strong AI memory demand, tight NAND supply, and bullish analyst sentiment ahead of its September 30 earnings report. Investors anticipate robust quarterly results, with estimates pointing to $50.62 billion in revenue. While China's CXMT poses a long-term threat, near-term supply constraints remain supportive. The stock gained as broader tech indices strengthened."
datetime: "2026-09-22T16:22:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299794352.md)
  - [en](https://longbridge.com/en/news/299794352.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299794352.md)
generator: "portal-rs"
---

# What Is Going on With Micron Stock on Tuesday?

**Micron Technology, Inc.** (NASDAQ:MU) stock rose more than 6% on Tuesday as investors positioned ahead of its Sept. 30 earnings report and broader technology stocks strengthened.

The Nasdaq gained 0.40%, while the S&P 500 rose 0.16%.

 **• Micron Technology stock is among today’s top performers. What’s fueling MU momentum?**

## **Micron Heads Into Earnings With Strong AI Demand**

Micron enters its fiscal fourth-quarter report with strong AI-memory demand supporting growth.

Analysts expect the company to report $50.62 billion in quarterly revenue and adjusted earnings of $31.30 per share on Sept. 30, according to estimates.

CNBC’s **Jim Cramer** recently said he would hold Micron ahead of earnings, pointing to its valuation and calling the stock "incredibly cheap."

## **CXMT Emerges As Longer-Term Memory Threat**

China’s **CXMT** plans to develop NAND technology after capturing 9.5% of global DRAM revenue, potentially adding another competitor for Micron.

However, CXMT’s plans for large-scale NAND production remain uncertain.

The near-term supply environment also remains tight, with TrendForce expecting NAND shortages to ease only in the second half of 2027.

 **See More: Top Growth Stocks** 

## **Micron Carries Significant ETF Exposure**

Micron represents 8.78% of the **iShares Semiconductor ETF** (NASDAQ:SOXX), 8.86% of the **Invesco PHLX Semiconductor ETF** (NASDAQ:SOXQ) and 8.87% of the **State Street SPDR NYSE Technology ETF** (NYSE:XNTK).

Significant inflows or outflows from these funds can translate into buying or selling of Micron shares.

## **MU Price Action**

Micron Technology shares were trading higher by 6.33% at $1,080.75 at the time of publication on Tuesday, according to Benzinga Pro data.

*Photo: Shutterstock*

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## Related News & Research

- [Why Micron’s 87% gross margin is a blessing and a curse](https://longbridge.com/en/news/300718008.md)
- [RBC Capital reiterates Outperform rating on Micron Technology, $1500 price target](https://longbridge.com/en/news/300689290.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**