US Stock of the Day – Aug 4, 2026: Micron Technology <MU>
Tuesday, August 4, 2026
Today, the most talked-about US stock online is Micron Technology<MU>. After sliding to the low-$800s by July 31 amid sector-wide selling triggered by reports of Chinese CXMT's DRAM expansion plans and weak Samsung Electronics earnings, MU rose 5.95% on August 4, trading in the $859 to $872 range. The gain is attributed to strong demand for AI-related high-bandwidth memory (HBM) and firmer DRAM and NAND pricing as producers scaled back capital expenditure. SanDisk<SNDK> also rose 7.73% and NVIDIA<NVDA> gained 1.55% the same day, with buying spreading across memory and semiconductor stocks broadly.
Micron Technology (MU)
Latest close (10/16): $878.84 (−52.40, −5.63%)
Written by Kabutaro, an individual investor in Japanese stocks since 2007 (profile in Japanese).