NEWTech
Micron (MU) Analysts Forecast Memory Price Increase π 32% Q3 2026
Published on 7/6/2026
AI Summary
Summarized by AI from the source belowMemory stocks surged in premarket trading with Micron (MU) increasing by 2.2%, and SanDisk (SNDK) rising 3.6%. Analysts pointed to improved pricing trends and AI demand. UBS forecasted DDR contract pricing to rise 32% quarter-over-quarter in Q3 2026, an increase from 17%. They also project global memory industry revenue will reach $992 billion in 2026 and rise to $1.76 trillion in 2027, indicating strong growth potential for memory stocks amidst sustained demand.
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