Micron Stock (MU) Hits a New 52-Week High – Will the Rally Continue?
Micron Technology (MU) stock reached a new 52-week high of $365.81 on January 16, 2026, driven by strong AI demand and a 231% gain over the past year. The company is expanding with a $100 billion semiconductor plant in New York, expected to create 50,000 jobs by 2030. Micron also plans to acquire a fabrication plant from Powerchip Semiconductor for $1.8 billion, enhancing production capacity. Despite the positive outlook, risks include geopolitical tensions and competition from Samsung and SK Hynix, which may impact future growth.