Micron forecasts strong revenue on AI boom; higher spending plan knocks shares

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BNP Paribas Exane on Micron Technology (MU): 'well-exposed to a multi-year AI data center buildout'

March 19, 2026 9:01 AM EDT

BNP Paribas Exane on Micron Technology (NASDAQ: MU): 'well-exposed to a multi-year AI data center buildout'.

The analyst comments "> Despite stellar results, the stock is looking down this morning which is likely a function of both very elevated expectations/whispers along with fears that pricing and margins have peaked as Micron is... More