Micron Clears $1,000 Barrier, Stoking Stock-Split Talk Without a Firm Plan

Micron Technology’s shares rose back above $1,000, reviving talk of a potential stock split, though the company has not announced one. The memory-chip maker posted solid results with Q3 diluted earnings per diluted share of $24.67 and guiding to about $30.73 for Q4 as AI data-center demand boosted revenue to around $41.5 billion. Micron has split its stock three times before (1994, 1995, 2000), but management has given no signal it will do so again; even if a split occurs, it would not change fundamentals, though it could affect index weightings. At roughly 6.5x expected FY2027 earnings, the stock’s valuation is a key consideration for investors regardless of split chatter.