Business · Technology

Micron Stock Sees Dip Amid AI Model Training Pause, But Analysts Remain Bullish

Micron Technology's stock experienced a decline following OpenAI's announcement to pause AI model training, yet Wall Street analysts largely maintain positive outlooks with several reiterating buy ratings and raising price targets.

News AutomationCompiled 08:06 UTC · 1 min read

Micron Technology's headquarters in Boise, Idaho, USA.

1 sources

Pipeline ingest

3 reads

Positive / Neutral / Negative

1 countries

Related coverage

Key Points

OpenAI is pausing training on some of its AI models.
Micron depends on strong AI growth to keep its sales and profits soaring.
Wall Street isn't concerned, with two analysts reiterating support for Micron stock today, and one more raising the price target.
10 stocks we like better than Micron Technology ›

Micron (MU-2.63%) stock slipped 2.5% thorugh 2:25 p.m. ET Monday after OpenAI announced over the weekend that it will pause training on some of its artificial intelligence models as it investigates new reports of AI agents going "rogue."

Micron building with blue Micron sign out front.

Image source: Micron.

Why this might be bad news for Micron stock

Training AI models -- and even more using AI to answer questions (inference) and operate AI agents requires enormous amounts of memory. All year long, this rise in demand for computer memory has been pushing prices higher for the DRAM and NAND memory chips that Micron produces, boosting sales, profit margins, and bottom-line profits, too.

A chorus of calls lately to slow the pace of AI advancement, however, has investors wondering how long the big profits can last for Micron. Additionally, a recent rise in U.S. interest rates -- and warnings that persistently high inflation may require further rate increases -- is putting pressure on tech stocks in general.

Collapse

Micron Technology Stock Quote

NASDAQ: MU

Micron Technology

MU Motley Fool Moneyball Superscore: 91 out of 100. Get access to Motley Fool Moneyball. Premium Feature

Moneyball Superscore

91/100

Today's Change

(-2.63%) $-28.44

Current Price

$1,053.84

YTD1w1m3m6m1y5y

PriceVS S&P

Key Data Points

Market Cap

$1.2TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Day's Range

$1032.00 - $1084.81

52wk Range

$159.97 - $1255.00

Volume

16M

Avg Vol

36.3M

Gross Margin

72.60%

Dividend Yield

0.05%

Not everyone's worried about Micron stock

Despite the news from OpenAI and the faltering share price, Wall Street isn't the least bit concerned. As StreetInsider.com reports, RW Baird raised its price target on Micron stock to $1,520 today, while DA Davidson and JPMorgan both reiterated their buy ratings on the stock ahead of Wednesday's upcoming earnings release.

JPMorgan analyst Harlan Sur predicted a "beat-and-raise" quarter on continued tight DRAM and NAND supply. Davidson analyst Gil Luria agrees and thinks a price target of $2,000 a share isn't unreasonable. Baird analyst Tristan Gerra comments that he sees DRAM demand continuing, supply growth moderating, and prices rising in 2027, all on "a surge in agentic AI demand."

Does any of this sound to you like Wall Street is worried OpenAI will slow the rate of AI growth? Because it doesn't sound like that to me.

Is Micron Technology a smart long-term play?

Before you buy stock inMicron Technology, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the**10 best stocks**for investors to buy now… and Micron Technologywasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

**Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $383,680!* **Or Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,382,954!

**Now, it’s worth noting_Stock Advisor_’s total average return is937% — a market-crushing outperformance compared to214%for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks ›

Stock Advisor returns as of September 28, 2026.

Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”

TMFDitty

X @RichSmithFool

Learn 7 secret wealth tips high net worth investors use

How do you continue to grow a $1,000,000+ portfolio in retirement?. The last thing you want in retirement is to run out of money—you want your money to generate lasting income while you enjoy your life.

Learn seven strategies high net worth investors use with The Seven Secrets of High Net Worth Investors from Fisher Investments.

Since 1979, Fisher Investments has helped tens of thousands of investors retire comfortably. With over $441 billion under management, they provide tailored money management to help investors like you achieve your long-term goals.1 Download the guide today!