Motley Fool Urges Buying Micron Before June 24 Earnings as Memory Market Seen Reaching $1.28 Trillion
Updated
Updated · The Motley Fool · Jun 22
Motley Fool Urges Buying Micron Before June 24 Earnings as Memory Market Seen Reaching $1.28 Trillion
3 articles · Updated · The Motley Fool · Jun 22
Summary
June 24 earnings are the catalyst in Motley Fool’s bullish call on Micron, which it says could get another lift from a persistent memory-chip shortage and stronger AI-driven demand.
TrendForce recently raised its outlook, projecting the memory market at $889.3 billion in 2026 and $1.28 trillion in 2027 as agentic AI applications require more DRAM and NAND capacity.
That demand surge is especially relevant for Micron because DRAM generates 79% of its revenue; TrendForce sees DRAM revenue hitting $618.7 billion in 2026 and $903.3 billion in 2027, while NAND reaches $379.4 billion in 2027.
Using Micron’s recent market shares, the analysis argues 2027 revenue could approach $220 billion, versus $58 billion over the trailing 12 months, supporting the case for further upside despite a 22-times-sales valuation.
Micron shares are already up 260% in 2026, and the report says a stronger-than-expected outlook next week could extend that rally.