Micron Stock: BofA Says Buy Amid New Spending Plan
Micron Technology has announced a significant $250 billion investment plan amidst a surge in its stock price, which has risen nearly 700% over the past year. Following a recent decline from its peak values, the stock has caught the attention of bargain hunters. Analysts from Bank of America (BofA) view this as a favorable buying opportunity, supporting the outlook on Micron's stock despite the company's recent fluctuations.
Author
Adam Clark
Source
Barron's
Published
Thursday, July 9, 2026
Time
2:11 PM EDT
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Micron Technology shares have risen nearly 700% over the past 12 months. (Dreamstime)
Micron Technologystock looks to have attracted bargain hunters after the memory-chip company’s drop from recent highs.BofAGlobal Research analysts are on board, seeing a buying opportunity even as Micron unveiled a $250 billion investment plan.
