Micron Technology Ranks 24th in Trading Volume with $2.059 Billion as AI Demand Drives Stock Surge

On June 18, 2025, Micron Technology (MU) saw a trading volume of $2.059 billion, ranking 24th in the day's stock market activity. The stock rose by 1.21%, marking its third consecutive day of gains and a total increase of 5.36% over the past three days.

Micron's stock has been on a strong upward trajectory, driven by robust demand in the AI sector, growth in high-bandwidth memory (HBM) technology, and strategic diversification efforts. The company's HBM technologies are particularly critical for AI workloads, providing the high bandwidth and large memory capacity needed for training and running complex AI models. Micron's HBM chips are energy-efficient, with a stacked design that reduces latency and power consumption, making them ideal for data centers.

Micron has been expanding its manufacturing footprint in the U.S., with plans to invest $200 billion, including $150 billion for memory chip manufacturing and $50 billion for R&D. This expansion is part of a broader reshoring effort to boost domestic semiconductor production. The company aims to produce 40% of its DRAM in the U.S., leveraging economies of scale and faster time to market for leading-edge products.

Micron's advanced HBM technologies are critical to AI, as they provide the high bandwidth and large memory capacity needed to quickly move massive data sets for training and running complex AI models. The company's HBM chips are energy-efficient, with a stacked design that reduces latency and power consumption, enabling faster and more efficient AI computations in data centers. Micron has predicted that AI will drive record memory chip demand, positioning the company as a key beneficiary of surging AI-related infrastructure spending.

Micron's data center DRAM revenue reached a new record in Q2 FY25, with HBM sales up more than 50% sequentially to over $1 billion for the first time. The company's HBM chip shipments are on track to ramp significantly in the second half of 2025, further solidifying its position in the AI market. Micron's revenue is projected to grow by 41% in FY25 and 31% in FY26, reaching $46 billion and adding $20 billion to the top line between FY24 and FY26. The company's adjusted earnings are expected to skyrocket by 433% in FY25 and another 56% next year, driven by booming demand for its AI-focused HBM chips.