Micron Technology stock rose 0.4% on Tuesday as investors stopped panicking about a halt to artificial-intelligence progress as it announced a new memory module.

The stock might be helped by Micron’s Tuesday announcement of what it called the “world’s first” 512 gigabyte DDR5 module for server systems. DDR5 is a specialized form of dynamic random-access memory (DRAM), and Micron said the 512GB configuration was designed for AI servers, minimizing costly data movement.

The company’s huge profits on memory chips for AI servers have boosted Micron stock nearly sixfold over the past 12 months. But its workers would like a bigger share of that windfall. Micron’s Taiwanese union is threatening a strike unless the company agrees to a profit-sharing system, according to Reuters and local reports in Taiwan.

This isn’t a new threat— Barron’s wrote about it earlier this month. But since then Micron has announced pay deals for its Taiwanese production workers amounting to 35 to 68 months’ worth of base salary for the fiscal 2026 year. That included a bonus of one million New Taiwan dollars, or $31,377 for each employee who joined before Aug. 29, 2025.

It looks like the pay deal wasn’t enough to satisfy labor demands. Micron’s Taiwanese union is still pushing to scrap the existing incentive scheme and replace it with a plan allocating 15% of operating profit to bonuses, according to Reuters.

Micron isn’t alone in dealing with workers pushing for a bigger slice of soaring memory profits. Samsung Electronics averted a strike in South Korea in May by promising a new bonus pool for employees in the semiconductor division, equivalent to 10.5% of the division’s operating profit, to be paid in stock. SK Hynix is negotiating with its own unions, having previously promised to allocate 10% of its annual operating profit to employee bonuses last year.

Although it’s an American company, much of Micron’s manufacturing happens in Taiwan. A strike could have a significant effect on its operations, although such action would have to be preceded by mediation under Taiwanese law.

Micron didn’t immediately respond to a request for comment from Barron’s early Tuesday.

Previous Micron Executive Appointments :

Micron Technology (MU) shares are inching higher on Wednesday after the memory-chip maker announced two senior leadership changes.

The company promoted Manish Bhatia to president and chief operating officer and Scott DeBoer to president and chief technology and products officer. 

Micron said Wednesday that Bhatia and DeBoer will take on expanded responsibilities effective immediately as it positions itself for an AI-driven rapid increase in memory chip demand.

Bhatia — who joined Micron in 2017 — will oversee global operations and business units, including capital investment, manufacturing, customer demand, pricing and delivery.

DeBoer, a Micron veteran since 1995, will lead the firm’s memory and storage tech roadmap and oversee its Research Labs.

The appointments reinforce Micron’s effort to scale production while maintaining its tech lead as AI infrastructure spending grows.

Sumit Sadana — previously executive vice president and chief business officer — will become senior adviser to CEO Sanjay Mehrotra.

For MU shares, the changes are broadly constructive because they put experienced executives in charge of manufacturing execution and product innovation at a crucial point in Micron’s expansion.

What Makes MU Shares Worth Owning in 2026

Micron’s latest financial release provides a stronger reason for investors to remain bullish despite the stock’s enormous 2026 rally.

The multinational posted a record $41.46 billion in Q3 sales and guided for a significant sequential increase to $50 billion in the current quarter, with an adjusted gross margin of about 86%.

Crucially, the artificial intelligence opportunity remains substantial.

Micron said HBM4 is already in high-volume shipments for its lead customer, while development of HBM4E is underway with volume production expected in 2027.

All in all, the company’s strong data-center business, rising demand for high-bandwidth memory and increasingly favorable pricing dynamics give Micron a powerful earnings-growth backdrop.

Wall Street’s View on Micron Technology

Investors should also note that Wall Street remains bullish on MU shares for the remainder of 2026.

The consensus rating on Micron sits at “Strong Buy,” with the mean price target of about $1,476 indicating potential upside of roughly 60% from here.