Micron Stock Surges as AI Demand Outpaces Memory Supply Through 2027

Micron Technology shares rose over 5% after executives at a technology conference warned that memory supply may stay tight through 2027 as AI infrastructure spending grows and data-center demand outpaces production. The move was supported by signals of ongoing data-center investment (CoreWeave and SMCI) and by upbeat analyst commentary, with UBS maintaining a Buy rating and lifting its long‑term earnings view. Wall Street is looking for about $31.27 in quarterly earnings per share and $50.81 billion in revenue when MU reports next on Sept. 22.