Micron Surges 3.26% as Earnings Outlook and DRAM Pricing Boost $3.29 Billion Trading Volume to 19th Rank

On August 12, 2025, Micron Technology (MU) closed with a 3.26% gain, driven by strong earnings guidance and improved DRAM pricing. The stock traded with a volume of $3.29 billion, ranking 19th in market activity, though trading intensity declined 24.07% from the prior day.

Analysts highlighted Micron’s revised fiscal fourth-quarter outlook, which raised adjusted earnings to $2.85 per share on $11.2 billion in revenue. The company attributed the upgrade to robust DRAM pricing and execution, with Q3 DRAM revenue hitting $7.1 billion—a 51% annual increase. CEO Sanjay Mehrotra emphasized AI adoption as a key growth driver, noting increased demand for high-capacity smartphone memory and sustained data center DRAM sales. Mizuho and JP Morgan both raised price targets, citing stronger-than-expected pricing dynamics and confidence in Micron’s 2026 high-bandwidth memory supply chain.

Investor sentiment aligned with the upward revisions, as institutional ownership remains high at 80.84% of shares. However, insider trading activity revealed a net $34.7 million in sales over the past three months, suggesting caution among executives. Despite this, the stock’s 46% year-to-date gain and elevated analyst coverage—23 reports in 90 days—reflect confidence in its AI-driven growth trajectory.

The strategy of buying the top 500 stocks by daily trading volume and holding for one day yielded a total profit of $2,940 from December 2021 to August 2025. The approach recorded an average daily return of 0.24%, a maximum drawdown of -$1,960, and a Sharpe ratio of 0.67 over the period.