Micron (MU) rises as Samsung labor risk tightens memory-chip supply outlook

Micron Technology (MU) shares rose 5.3% in morning trading on May 14, 2026, after reports indicated a potential Samsung labor strike could remove about 3% of global memory-chip supply, raising expectations for tighter market conditions and stronger pricing. The move also followed Deutsche Bank lifting its price target on Micron to $1,000, the highest on Wall Street, after the company reported second-quarter revenue of $23.9 billion, up 196% from a year earlier, driven by demand for memory chips used in artificial intelligence infrastructure. Micron shares are up 149% in 2026 and traded at $785.46, a new 52-week high. The stock has recorded 46 moves of more than 5% over the past year, underscoring elevated volatility tied to AI demand and semiconductor supply expectations.