Micron Technology (MU) stock prices are surging today. The asset closed 6.10% (58.43 points) higher on Friday, September 4. 2026. The asset has gained an additional 1.66% (16.84 points) in the overnight market hours. MU has once again reclaimed the $1000 price level, and is not showing any signs of slowing down. Let’s discuss if Micron (MU) stock will hit a new all-time high in September 2026.
Can Micron Stock Hit A New All-Time High In September 2026?
Micron’s (MU) latest price rally is likely due to DRAM and NAND Flash price surges. The development has led to an expansion of profit margins. Micron’s (MU) stock price has grown by nearly 13.7x in the last three years. Given the strong demand for memory chips, especially from the AI chip manufacturing industry, the growth pattern is unlikely to stop anytime soon.
Also Read: Copper Prices Hit All-Time High: Here’s Why The Commodity Is Up
Another factor that could be pushing Micron’s (MU) stock price is the recent surge in copper futures. Traders are anticipating President Donald Trump’s tariffs to extend to refined copper as well. As a result, large amounts of copper began shipping into the US. The move has led to a global supply shortage of the commodity. Given the importance of copper for the chip industry, we could see Micron’s (MU) memory prices surge. Such a move could further increase profit margins.
Risks You Should Consider
Despite its incredible performance, Micron’s (MU) stock price faces an unusual threat. Workers in Taiwan are threatening to strike over the company’s bonus structure. Two unions alone represent nearly 10,000 workers at Micron’s Taoyuan and Taichung facilities. The development could lead to increased fears among investors and a potential price correction.
Another risk is that of investors de-rising from the memory market. There is a chance that the Federal Reserve will raise interest rates given the lackluster August jobs report. Higher rates could lead to investors moving away from Micron (MU) and other tech stocks, and choosing safer bets such as gold.