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Micron Shares Surge 918% After Two-Year HBM Sellout

2026-06-11 05:46:26

Abstract generation in progress

Micron shares rose 918% from a 52-week low of $103.38 to a June 3 peak of $1,079 after management locked in its HBM order book for 2024 and 2025. The Q3 2026 outlook calls for $33.5 billion in revenue and an 81% gross margin.

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