{"id":266456,"date":"2026-06-07T06:58:00","date_gmt":"2026-06-07T10:58:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabolic-after-june-24-heres-why\/"},"modified":"2026-06-07T07:00:14","modified_gmt":"2026-06-07T11:00:14","slug":"prediction-micron-technology-stock-could-go-parabolic-after-june-24-heres-why","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabolic-after-june-24-heres-why\/","title":{"rendered":"Prediction: Micron Technology Stock Could Go Parabolic After June 24. Here&#8217;s Why."},"content":{"rendered":"<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabo\/\">Prediction: Micron Technology Stock Could Go Parabolic After June 24. Here&#8217;s Why.<\/a><\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabo\/\">https:\/\/www.fool.com\/investing\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabo\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-07 06:58:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.fool.com\">www.fool.com<\/a><\/p>\n<p><strong>Micron Technology<\/strong> <span class=\"ticker-mention inline-flex items-center font-bold\" data-id=\"204594\">(MU <span class=\"ml-1 text-red-900\">12.36%<\/span>)<\/span> stock has been on a parabolic run in 2026, with shares of the memory specialist jumping by a whopping 174% as of this writing.<\/p>\n<p>A parabolic jump refers to the rapid rise in a company&#8217;s shares in a short time, akin to the right side of a parabolic curve. The sharp increase in memory prices explains the red-hot rally in Micron stock this year. The good news for investors is that the stock could get a major boost when it releases its fiscal 2026 third-quarter results on June 24. In fact, it won&#8217;t be surprising to see it rise sharply once again following its upcoming quarterly report.<\/p>\n<p>Let&#8217;s see why that may be the case.<\/p>\n<p class=\"caption\">Image source: Micron Technology.<\/p>\n<h2 class=\"my-6 text-2xl font-bold\">Memory prices are poised to keep growing at an incredible pace<\/h2>\n<p>The overwhelming demand for dynamic random-access memory (DRAM) and NAND flash memory from artificial intelligence (AI) data centers has created a severe shortage of memory chips. That&#8217;s because AI chips deployed in data centers to run training and inference workloads require massive amounts of fast memory to transport enormous datasets.<\/p>\n<p><img alt=\"Micron Technology Stock Quote\" loading=\"lazy\" width=\"64\" height=\"64\" decoding=\"async\" data-nimg=\"1\" class=\"w-full flex-none object-contain\" style=\"color:transparent\" srcset=\"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMU.png&#038;w=64&#038;op=resize 1x, https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMU.png&#038;w=128&#038;op=resize 2x\" src=\"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMU.png&#038;w=128&#038;op=resize\"\/><\/p>\n<p>Today&#8217;s Change<\/p>\n<p>(-12.36%) $-123.06<\/p>\n<p>Current Price<\/p>\n<p>$872.93<\/p>\n<h3 class=\"text-gray-1100 text-md my-[22px] leading-snug font-bold uppercase\">Key Data Points<\/h3>\n<p>Market Cap<\/p>\n<p>$974B<\/p>\n<p>Day&#8217;s Range<\/p>\n<p>$866.48 &#8211; $961.64<\/p>\n<p>52wk Range<\/p>\n<p>$103.38 &#8211; $1089.29<\/p>\n<p>Volume<\/p>\n<p>2.6M<\/p>\n<p>Avg Vol<\/p>\n<p>49.2M<\/p>\n<p>Gross Margin<\/p>\n<p>58.54%<\/p>\n<p>Dividend Yield<\/p>\n<p>0.06%<\/p>\n<p>As a result, memory manufacturers have been prioritizing the production of high-bandwidth memory (HBM), which is deployed in AI accelerators. Since each gigabyte of HBM needs thrice the wafer capacity of conventional DRAM, there is a shortage of general-purpose memory chips needed in smartphones and personal computers (PCs).<\/p>\n<p>Also, the lead times for hard disk drives (HDDs) reportedly stretch until the end of 2027, fueled by the huge data storage demand in AI data centers. This has led to a shortage in the NAND flash market, as AI data centers have been locking in the available supply of enterprise solid-state drives (SSDs) to meet their requirements.<\/p>\n<p>Not surprisingly, the rapid price increments in&#8230;<\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabo\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prediction: Micron Technology Stock Could Go Parabolic After June 24. Here&#8217;s Why. https:\/\/www.fool.com\/investing\/2026\/06\/07\/prediction-micron-technology-stock-could-go-parabo\/ Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":266457,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F872382%2Fmicron-building-at-night-with-micron-logo-on-top_micron.jpg&w=1200&op=resize","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-266456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/266456"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=266456"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/266456\/revisions"}],"predecessor-version":[{"id":266458,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/266456\/revisions\/266458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/266457"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=266456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=266456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=266456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}