Micron (NASDAQ:MU) rose 2% to $918.13 in afternoon trading, lifting its year-to-date gain to 221%, while Seagate (NASDAQ:STX) is up 154% YTD and Western Digital (NASDAQ:WDC) is up 119%, all driven by AI-related demand for memory and storage. Micron reported revenue of $54.23 billion for Q4 FY2026 and guided Q1 FY2027 revenue to $61.5 billion. The company has signed multiyear supply commitment agreements with customers, but management said it does not have line of sight to when supply and demand will balance. The article frames the choice between taking profits and holding as dependent on memory pricing and the unknown timing of any cycle reversal.
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