Why Micron Stock Is Soaring Today
Key Points
Micron stock sank yesterday, but it's surging in Wednesday's daily session.
Investors are betting that the Iran war could deescalate in the not-too-distant future.
- 10 stocks we like better than Micron Technology ›
Micron (NASDAQ: MU) stock is bouncing back Wednesday after a substantial sell-off in Tuesday's trading. The company's share price was up 7.1% as of 12:30 p.m. ET. At the same point in the session, the S&P 500 had risen 0.8%, and the Nasdaq Composite was up 1.3%.
Investors moved out of tech stocks in response to fears stemming from the U.S. and Israel's war with Iran, but that trend is reversing today. The market seems to be betting that the conflict could be resolved in the not-too-distant future, and Micron's valuation is getting a boost.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Tech stocks rise as investors adopt optimistic stances on the Iran situation
Major indexes opened deeply in the red yesterday as concerns that macroeconomic disruptions connected to the war in the Middle East could create sustained pressures for equity valuations. While all major indexes closed the day in the red, losses narrowed as the day progressed -- and the market is seeing a bullish reversal in today's trading.
According to reports this morning, Iran's intelligence services have signaled a willingness to negotiate a relatively quick end to the war. Investors are buying back into stocks in response, and Micron's share price is surging.
What's next for Micron?
Micron has been on a huge winning streak amid surging demand for memory chips used in processors for artificial intelligence (AI) data centers. Despite some fears about the cyclical nature of tech infrastructure buildouts, the spending outlook for AI processors and related hardware over the next couple of years has continued to look very robust. Unfavorable geopolitical and macroeconomic developments can be expected to create volatility for Micron stock, but the company's business is in strong shape.
Should you buy stock in Micron Technology right now?
Before you buy stock in Micron Technology, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Technology wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $526,889!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,103,743!*
Now, it’s worth noting Stock Advisor’s total average return is 947% — a market-crushing outperformance compared to 192% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 4, 2026.
Keith Noonan has positions in Micron Technology. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
Recommended Articles
