Micron stock is soaring after a year of eightfold gains, fueled by skyrocketing demand for AI-powered memory chips—especially high-bandwidth memory (HBM), which is far more resource-intensive and profitable than standard DRAM. With supply struggling to keep up and prices projected to jump 400% by 2026, Micron stands to benefit massively, potentially tripling its revenue by 2027 as the global DRAM market hits $900 billion. Even its NAND flash segment is poised for growth, and CEO confidence in sustained tight supply due to AI expansion and production limits makes analysts bullish. If Micron hits projections and maintains strong valuation, a 200% stock surge by 2027 is very much on the table—positioning it as a key beneficiary of the AI revolution.
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