NASDAQ:MU 5 May 2026

Why Micron Stock Is Jumping Again: Samsung Strike Risk, AI Memory Shortage and a $1,000 Target
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Why Micron Stock Is Jumping Again: Samsung Strike Risk, AI Memory Shortage and a $1,000 Target

Micron Technology shares jumped 6.5% to $795.33 after Deutsche Bank raised its price target to $1,000, citing tight memory supply and AI demand. Samsung and its union failed to reach a deal after 12 hours of talks Monday, with a strike still possible May 21. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier. SK Hynix and Samsung shares also rose on supply concerns.
May 12, 2026
Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test
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Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test

Micron Technology shares jumped over 9% early Tuesday to $629.21, lifting its market value near $718.6 billion. The company announced shipments of a 245TB solid-state drive, claiming the highest commercial capacity. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier, and forecast Q3 revenue of $33.5 billion. Analyst Gil Luria set a $1,000 price target, citing AI-driven demand.
May 5, 2026

Stock Market Today

  • News Corp Launches $1 Billion Share Buy-Back Highlighting U.S. Market Focus
    May 26, 2026, 8:44 PM EDT. News Corp announced a $1 billion share buy-back program, underscoring its strategic emphasis on the U.S. market. The media giant aims to enhance shareholder value through this sizable capital return. The buy-back reflects management's confidence in the company's future prospects amid evolving media landscapes. Investors are watching closely as News Corp reallocates resources to bolster its U.S. operations, signaling a targeted growth push. This move follows broader industry trends where firms buy back shares to optimize capital structure and returns. The initiative may impact share prices and market perception by reducing outstanding stock and increasing earnings per share.