Micron

• Micron Technology reported blowout earnings results, while Nvidia issued a stunning outlook for its Blackwell and Rubin AI products, yet the broader market has not responded positively to either announcement. • Morningstar increased Micron's fair value assessment following its earnings beat, and upgraded Nvidia's fair value based on the company's AI product roadmap expansion. • The muted market response to strong tech earnings reflects ongoing concerns about macroeconomic headwinds, including geopolitical risks and Federal Reserve policy decisions that are weighing on investor sentiment.

• Technology stocks surged on March 16 as inflation fears subsided, with the SPDR Select Sector Technology ETF rising nearly 2%, though it remains down year-to-date amid ongoing doubts about AI boom sustainability. • Micron Technology shares rallied after announcing plans to build a second manufacturing site in Taiwan to produce high-demand AI memory products, while Nebius signed a five-year, $27 billion deal with Meta to supply AI infrastructure capacity. • Cybersecurity experts warn that data breaches and hacking tactics have become weapons of war alongside traditional military hardware, raising risks for civilian companies caught in cross-fire.

• Micron Technology (MU) is set to report earnings this week as investors monitor semiconductor sector performance amid broader concerns about AI-driven disruption and competitive dynamics in memory chip markets. • Morningstar research highlights which tech companies possess durable economic moats resistant to AI disruption, with analysis suggesting Microsoft maintains strong competitive advantages while others like Adobe and Salesforce face pressure. • The earnings season context reveals downward revisions to profit estimates across sectors, particularly for companies exposed to elevated energy costs and consumer spending weakness tied to oil price shocks.

Micron Technology closed at $426 on March 13, 2026, up significantly year-to-date by about 50%, following analysts' reiteration of an outperform rating and price target increase to $500 from $320. The upgrade highlights Micron's strong positioning in memory chips despite broader market declines driven by oil surges and geopolitical tensions. This move underscores investor optimism in semiconductors even as the Nasdaq fell 0.9% and S&P 500 dropped 0.6% on Friday. Upcoming earnings could test sustained momentum amid sector volatility.

Micron Technology shares rose 2.6% on March 13, 2026, closing at $426 after analysts reiterated an outperform rating and raised the price target to $500 from $320 amid strong year-to-date gains of 50%. The semiconductor firm benefited from positive momentum in the chip sector despite broader market declines, with investors eyeing its upcoming earnings report. This upgrade highlights Micron's robust growth prospects in memory chips, potentially signaling sector recovery amid volatility. Analysts anticipate further upside if quarterly results exceed expectations next week.

Micron Technology closed at $426 on March 13, 2026, after analysts reiterated an outperform rating and raised the price target to $500 from $320 amid robust semiconductor demand. The stock has climbed about 50% year-to-date, outperforming broader market declines driven by oil surges and geopolitical tensions. This upgrade highlights Micron's potential in memory chips despite upcoming earnings risks, positioning it as a key watch for investors amid sector volatility. Analysts expect continued momentum if AI-driven demand persists.