Micron Technology, Inc.

MU

Bullish$1,045.05+2.80%3D · 2026-09-10
SettledOpen MU

Predicted move

+2.80%

Target $1,045.05

Actual move at settlement

-3.85%

Confirmed close $977.41

Both measured from $1,016.59 on 2026-09-04 · Target close 2026-09-10

Direction missed

Actual -3.85%Move error 6.65 pp0 / 100 points
How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

GPT-6 Astra revived AI-memory demand; MU closed 2026-09-04 at $1016.59 (+6.1%, ~35M shares) with STX/WDC/SOX confirming the tape while SPY fell. Expect modest continuation into the first post-Labor Day sessions before CPI (Sep 11). Invalidation: sustained break below the Sep 4 session low near $969.

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

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