Micron Gains 50% YTD and Plans Second Taiwan Memory Plant
Micron shares have risen over 50% this year and over 300% in the past year, approaching breakout levels as analysts raise earnings estimates on strong DRAM and NAND pricing. The company is also building a second memory chip fabrication plant in Taiwan’s Tangluo region, slated to start in late 2026.
1. Stock Rally and Forecast Revisions
Shares have climbed more than 50% year-to-date and over 300% in the last 12 months on robust DRAM, NAND and high-bandwidth memory demand. Analysts have raised revenue and profit forecasts, citing sustained pricing strength and ongoing inventory restocking by cloud and consumer electronics customers.
2. Taiwan Memory Fabrication Plant Plans
Micron is constructing a second memory fabrication plant in Taiwan’s Tangluo region, aimed at increasing DRAM and NAND module output. Production is slated to begin in late 2026, reflecting the complexity and multi-year timeline of advanced semiconductor manufacturing.
3. Upcoming Q1 Results
The company is set to release first-quarter fiscal 2026 results Wednesday after the close, with investors monitoring pricing trends and order backlogs. Management guidance on capital expenditures and Taiwan plant progress will be key for assessing longer-term growth prospects.