Micron's latest quarterly revenue jumped 379% to $54 billion, and its stock, which topped $1,200 earlier this year, has since fallen to about $900, giving the company a market capitalization above $1 trillion. The article explains that a stock split lowers the price of each share without changing the company's overall market value, and can make shares more accessible to smaller retail investors. Micron has completed three stock splits in the past, the most recent more than 25 years ago. The author does not expect the company to announce a split in the coming weeks, given that the stock has fallen from its highs. Possible headwinds include memory prices that may decline as supply improves, and a slowdown in AI investment that could weigh on revenue and stock performance.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Micronsemiconductorsstock splitartificial intelligence
Open a keyword to see other news on the same topic.
Related news
- 3 Trillion-Dollar Giants That Could Be the Next Big Stock-Split Plays
Three trillion-dollar companies, Micron Technology (MU), Microsoft (MSFT), and Meta Platforms (META), are seen as possible next stock-split candidates. Micron, trading around $940, has split three times (1994, 1995, 2000) and reported record fiscal 2026 revenue driven by AI demand. Microsoft has split nine times, most recently a 2-for-1 split in February 2003, and its shares are above $540, with growth in cloud, AI and Copilot seen as possible support for another split. Meta has never split its stock; with shares just under $750 and second-quarter revenue up 28% year over year, it could be the first. The article ranks Micron as most likely to split first, Meta as hardest to predict, and Microsoft as potentially the last to act given its lowest share price of the three.
- Stock-Split Watch: Is ASML Next?
ASML shares have gained 189% over the past three years, trailing the 247% rise in the PHLX Semiconductor Sector index, and now trade above $1,600 per share. The article argues that management could carry out a forward stock split to make the shares more attractive to retail investors, though this would not change the company's fundamentals, and many brokerages now offer fractional share purchases. In the third quarter, ASML reported revenue of 11.66 billion euros, up 55% year over year, after selling 113 lithography systems versus 66 a year earlier, with EUV machines used for AI chips driving the gains. The company expects 14.7 billion euros in revenue this quarter, a 51% increase, and plans to raise advanced chipmaking equipment capacity by 30% in 2027. Customers are reportedly interested in orders for 2029 and 2030, and ASML trades at 27 times forward earnings, below its five-year average of 33.
- Prediction: This Will Be Nvidia's Next Stock Split
Nvidia last split 10-for-1 in 2024, and the author predicts its next split will come once the stock reaches about $1,000 per share, a level where many companies consider splitting and where its Dow Jones weighting matters. Reaching $1,000 would require the stock to roughly quadruple, lifting market cap above $24 trillion from about $5.6 trillion today. At a 32.5x trailing earnings multiple, that would need about $745 billion in annual earnings, or roughly $1.35 trillion in revenue at a 55% profit margin. Analysts expect revenue of about $412 billion this year and $692 billion next year, and Nvidia sees global data center capex reaching $3 trillion to $4 trillion a year by 2030. The author concludes Nvidia could reach $1,000 per share as soon as 2030, though the path will likely be bumpy.
- Micron vs. Sandisk: Which Is the Better AI Memory Stock to Own for the Next 3 Years
Micron and Sandisk have both surged in 2026 on demand for memory chips in AI data centers, with Micron up 220% and Sandisk up 480% as of writing. The article argues Micron has the edge because it sells both DRAM and NAND flash, while Sandisk is a pure-play NAND flash maker; DRAM generated 73% of Micron's revenue last quarter, almost $40 billion, driven by fast-growing HBM demand. It cites expectations that NAND flash will stay undersupplied over the next three years, and notes Micron has raised HBM pricing significantly for 2027. According to Counterpoint Research, Micron holds 15% of the NAND flash market versus Sandisk's 11%, and 24% of the DRAM market. The author considers Micron the more attractively valued stock, and analysts expect its earnings per share to grow faster than Sandisk's over the long run.
- Micron and Sandisk Hit Record Memory Margins. There's One Clear Winner.
Sandisk (SNDK) and Micron (MU) are among the best-performing memory chip stocks in 2026, with record margins as memory demand hits an all-time high while supply is tight, driving prices sharply higher. The author notes that Micron’s high-bandwidth memory (HBM) is growing faster than conventional DRAM, and that Micron has announced a custom HBM chip partnership with Nvidia. Both companies are signing long-term supply agreements to stabilize revenue, with Micron estimating about 35% of its revenue secured through 2030 and Sandisk having signed about 50% of its clients to such contracts. Micron expects industry NAND and DRAM shipments to grow at a low-to-mid 20% rate in both 2027 and 2028. The author prefers Micron, citing its HBM exposure and cheaper valuation relative to Sandisk, while still calling Sandisk a solid pick.
- Could a $10,000 Investment in Micron Set You Up for Life?
Micron shares rose more than 850% between June 25, 2025 and June 25, 2026, so a $10,000 investment made on the first date would have grown to $95,370, or about $70,970 after a 25% drop from the peak. Despite the rally, the price-to-earnings ratio fell from about 22 times in June 2025 and 27 times at its June 2026 peak to about 12 times, even as revenue grew 256% and per-share earnings 879% in 16 months. The article says the market fears the memory cycle could turn as it did in the 2023 price crash, and worries about competition from Samsung Electronics, SK Hynix and Chinese manufacturers; Micron has signed multiyear supply deals with price floors to reduce risk. It says a $10 trillion valuation seems unlikely soon, and that although a $10,000 stake may not secure lifelong wealth, AI infrastructure growth could support Micron for years.
Related markets
Latest news
- Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
So far 22 publicly traded companies have objected to having their shares tokenized and traded on the OKX and ICE venue under the SEC's innovation exemption, including Microsoft, Alphabet, Goldman Sachs, McDonalds, Wells Fargo and Cisco. Under the rules, a venue must notify the issuer and allow 30 days to object; silence counts as consent and cannot be withdrawn once trading begins, so objecting can be the rational choice for legal and investor-relations teams still assessing the new structure. Some industry figures say the objections reflect caution toward a new process rather than rejection of tokenization, while Nasdaq objects to trading tokenized versions of its stock outside the National Market System over concerns about fragmented liquidity and weaker price discovery. Securitize and BitGo said they will not object to the listing.
- Americans Are Gloomier Than at Almost Any Time on Record, Michigan Survey Shows
The University of Michigan's final October consumer sentiment index came in at 48.0, revised up from 46.3, almost level with September and a five-month low. The current-conditions index fell to 46.7, with buying conditions for durables such as cars and appliances down 18% amid higher interest rates and affordability concerns. Year-ahead and long-run inflation expectations rose to 4.7% and 3.5%, both the highest since May, while the Federal Reserve raised rates by 25 basis points in September to 3.75%–4.00% and meets again on October 28. Retail sales reached $745.0 billion in September, up 0.8% from August, suggesting shoppers are still spending despite weaker sentiment. The SPDR S&P Retail ETF (XRT) gained 6.76% over the past month, while SPY slipped 0.52% on the release day; because XRT weights its holdings roughly equally, smaller auto dealers and specialty stores carry as much weight as larger names if durables demand keeps weakening.
- Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
An Argentine federal judge dismissed the criminal case against President Javier Milei over his promotion of the memecoin LIBRA, ruling that his endorsement and the token's later collapse did not establish fraud without evidence of a specific deception. Eleven people were cleared, including Milei's sister Karina and U.S. businessman Hayden Davis, though none had been formally questioned. LIBRA lost more than 95% of its value after reaching about $5, while eight wallets linked to its creator withdrew around $99 million in crypto. The presidency called the probe an attempt to harm Milei's reputation, and the prosecutor is not expected to appeal. Investors who were removed as plaintiffs are challenging that decision, and if reinstated they could appeal the dismissal.
- Vanguard Morningstar Growth ETF vs. Vanguard Information Technology ETF: Here's Which One I Believe Is the Clear Long-Term Winner.
The article compares two Vanguard ETFs: the Vanguard Morningstar Growth ETF (VUG), which holds 135 large-cap growth stocks at a 0.03% expense ratio, and the Vanguard Information Technology ETF (VGT), which holds 318 U.S. tech stocks at 0.09%. Over the past decade, VGT returned 775% versus 420% for VUG, and a hypothetical $10,000 investment in VGT would be worth almost $88,000. Both funds have benefited from the AI boom, but VGT is more concentrated in Nvidia, Apple and Microsoft and has a 38% semiconductor weighting, while VUG offers more sector diversification. The author, who has 30 years until retirement, chooses VGT for its long-term potential, and says investors seeking less aggressive exposure could allocate 5% to 10% of their portfolios to it.
- Amgen says drug combo cuts risk of death by 58% in patients with aggressive lung cancer
A late-stage trial found that adding Amgen's Imdelltra to AstraZeneca's Imfinzi cut the risk of death by 58% in patients with extensive-stage small cell lung cancer. Median overall survival rose to 21.1 months, compared with 12.7 months for Imfinzi alone, in patients whose cancer had not progressed after initial Imfinzi and chemotherapy. Nearly 80% of patients on the combination were alive at one year, versus 53% on Imfinzi alone. Imdelltra posted $288 million in second-quarter sales, up 115% year over year, after $627 million in global sales in 2025. Amgen said the results suggest earlier use of the drug could meaningfully alter the course of the disease, though the trial did not compare the combination with other first-line treatments.
- AMC Stock: You Can See Everything
AMC Entertainment's stock is up 86% in 2026 as domestic box office receipts rise 21% from a year earlier, helped by A24's documentary You Can See Everything. The film took in $15.7 million in ticket sales over its opening weekend from just 855 screens, the strongest opening for a non-musical documentary in more than 20 years, and is expanding to more than 2,500 screens. Analysts expect AMC's revenue to rise 18% to $5.7 billion, and the chain could post positive adjusted earnings for the first time since 2018. The author says the business has improved on fundamentals such as concessions and its loyalty program, but notes the stock is still down 99.2% over the past year. The author is willing to take the risk on the shares, arguing the current rally reflects improving fundamentals rather than hype.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.