Micron Trading Volume Surges 51 to 2 3 Billion Ranking 28th as AI Demand Drives Optimism

On August 15, 2025, Micron Technology (NASDAQ:MU) traded with a volume of $2.3 billion, marking a 51.16% increase from the previous day and ranking 28th in market activity. Despite rising demand for AI-driven memory solutions, the stock closed down 3.53% for the session.

Analyst optimism remains anchored in Micron’s strategic positioning within the AI hardware ecosystem. TD Cowen’s Krish Sankar reiterated a Buy rating with a $150 price target, citing strong DRAM pricing dynamics and potential sell-through of its HBM3E 12H inventory by 2026. The analyst highlighted competitive supply constraints from process node transitions, which could temporarily benefit Micron’s margins. Additionally, increased orders from Chinese clients and sustained hyperscaler demand underscore near-term growth catalysts.

Micron’s high-bandwidth memory (HBM) technology has become critical to AI chipmakers like NVIDIA and AMD. Recent upgrades to HBM capacity in next-generation GPUs—such as NVIDIA’s Blackwell Ultra B300 and AMD’s MI350X—signal continued demand for Micron’s products. The company’s HBM market share is projected to rise to 24% by year-end, up from 20% earlier in 2025, reflecting its expanding role in custom AI accelerator production.

Production bottlenecks in the HBM sector are expected to drive pricing increases of 15-20% in Q3 2025, outpacing the 5-10% growth seen in the prior quarter. This tight supply environment, coupled with Micron’s forward guidance for $11.1-$11.3 billion in Q4 revenue (up from $10.4-$11 billion previously), highlights its ability to capitalize on structural demand. Non-GAAP earnings per share are now forecasted at $2.85, up from $2.50 earlier, signaling robust margin expansion.

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