Micron Technology (NASDAQ: MU) is riding an AI-driven memory boom that could reset its long-term earnings power. With supply tight, margins expanding above 60%, and AI demand accelerating, this may not be a normal cycle. If earnings hold near current levels, $500 could be conservative. The real question is whether this becomes the new normal.
Stock prices used were the market prices of Feb. 16, 2026. The video was published on Feb. 22, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.
