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MU Stock Gets Musk’s Praise as 26 Deals Buffer Memory Cycle Risks

MU Stock Gets Musk’s Praise as 26 Deals Buffer Memory Cycle Risks

Photo: Watcher Guru

MU stock got a public endorsement from Elon Musk on October 13, 2026, after the Tesla and SpaceX CEO said Micron has stayed fair on future memory pricing , unlike rival vendors. His comment arrives as Micron memory prices sit near record highs, and as Micron’s customer contracts, 26 long-term deals running through at least 2030, now cover over 35% of its revenue. That cushion also shapes the MU stock forecast, since it could soften the next downturn in the Micron memory cycle.

Source: Watcher Guru

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