• Goldman Sachs reaffirms a "Buy" rating for Micron Technology (NASDAQ:MU), highlighting its potential for continued growth driven by high demand for high-bandwidth memory.
• Micron's high-bandwidth memory production for 2025 is fully booked, indicating strong demand from the AI sector and a tightening memory market.
• The company's development of advanced HBM technologies, including HBM3E, 12-stack HBM, and HBM4, positions it well to capitalize on technological advancements and offers significant investment opportunities.

Micron Technology (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its innovative products that cater to the growing demands of data centers, mobile devices, and automotive markets. Micron's competitors include companies like Samsung and SK Hynix, which also focus on memory technologies.

On December 3, 2025, Goldman Sachs reaffirmed its "Buy" rating for Micron, with the stock priced at $239.49. This endorsement comes as Micron continues to demonstrate a strong history of rapid stock increases. Notably, the stock has surged over 50% in less than two months during key years like 2013 and 2020, and has seen rises exceeding 30% in similarly short periods on multiple occasions.

The recent rise in Micron's stock is driven by high demand for its high-bandwidth memory, essential for the AI transformation. With its 2025 high-bandwidth memory production fully booked, Micron is well-positioned to benefit from the expansion of AI infrastructure. The tightening memory market and robust revenue projections for fiscal 2026 suggest further growth potential.

Micron's leadership in AI high-bandwidth memory is a key factor that could boost the stock. Its HBM3E product is sold out until 2026, and the company is developing advanced 12-stack HBM and HBM4 technologies. These specialized products are poised to capitalize on continuous technological advancements, offering significant opportunities for investors.

Currently, MU's stock price is $239.49, reflecting a slight decrease of 0.97, or -0.40%. The stock has fluctuated between a low of $234.35 and a high of $244.37 today. Over the past year, MU has reached a high of $260.58 and a low of $61.54. The company's market capitalization is approximately $267.27 billion, with a trading volume of 18,162,693 shares on the NASDAQ exchange.