Prediction: This Is What $2,000 Invested in Micron Stock Today Could Be Worth by 2029

Micron Technology posted extraordinary fiscal 2026 results with 256% revenue growth to $133.2 billion, driven by a genuine shortage of AI memory chips. The company secured a strategic HBM4E deal with Nvidia and is expanding manufacturing capacity with $6 billion in CHIPS Act funding. However, the memory chip industry is historically cyclical; a bull case projects $2,000 invested today could reach ~$2,690 by 2029 if AI demand remains structurally elevated, while a conservative case suggests it could fall to ~$890 if supply catches up and prices normalize.