Micron Technology, Inc. (NASDAQ:MU) is one of the

15 High Growth Stocks to Buy and Hold for the Next Decade.

On May 22, 2026, Micron Technology, Inc. (NASDAQ:MU) announced the start of 1-alpha DRAM manufacturing at its Manassas, Virginia, fab, marking a step in the company’s efforts to expand domestic memory manufacturing capacity. Micron described the 1-alpha DRAM node as “the most advanced memory technology ever produced in the United States” and said the technology is suited for long-lifecycle memory products used in automotive, defense and aerospace, industrial, networking, and medical device applications. The company added that its more than $2B investment in the Manassas expansion and modernization project is supported by federal, state, and local incentives and supports more than 3,100 direct manufacturing and community jobs.

On May 19, 2026, Mizuho raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) to $800 from $740 and maintained an Outperform rating on the shares. The firm said channel checks continue to show AI server demand driving tailwinds across both NAND and DRAM markets, while supply is expected to remain tight into the first half of 2027. Mizuho also pointed to a potential Samsung strike as an additional supply risk factor.

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A day earlier, Melius Research raised the firm’s price target on Micron (MU) to $1,100 from $700 and maintained a Buy rating on the shares. The firm said it remains “incrementally good” on memory and AI semiconductor makers and raised long-term estimates and price targets for several semiconductor names it described as “bottleneck stocks,” including Micron, Sandisk (SNDK), AMD (AMD), Intel (INTC), Marvell (MRVL), and Qualcomm (QCOM).

Micron Technology, Inc. (NASDAQ:MU) designs, develops, manufactures, and sells memory and storage products internationally.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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