Trump’s public praise sent Micron shares up 209% year-to-date, fueling a surge in trading volume as investor enthusiasm soared. Analysts note Micron’s low forward P/E ratio underpins further upside, supported by management’s projection of robust high-performance memory demand through 2027.
The former president publicly praised Micron in early July, prompting a sharp jump in share price and lifting year-to-date gains to 209%. Increased media attention and retail buying pushed trading volume to multi-year highs as sentiment turned overwhelmingly bullish.
Micron now trades at a forward P/E ratio below many semiconductor peers, suggesting room for multiple expansion if earnings meet forecasts. This valuation gap has drawn interest from value-focused investors seeking exposure to memory markets.
Company leadership forecasts sustained high-performance memory demand through at least 2027, citing growth in AI, data centers and automotive applications. Planned capacity expansions and R&D investments aim to capture this projected market growth.
Some market observers warn that high-profile political endorsements of public companies can undermine perceived market fairness and inject volatility. Any shift in political or regulatory climate could lead to rapid sentiment-driven sell-offs.
