ATLAS News · Technology

Micron shares jump 12.78% as investors buy the recent selloff

Published November 11, 2026 · 3 sources

Micron Technology rose 12.78% in intraday trading on Nov. 11 as bargain hunters stepped in, while Goldman Sachs said Samsung and SK Hynix look cheaper, per reports.

What happened

Micron Technology shares climbed sharply in intraday trading on Nov. 11, according to bloomingbit and BigGo Finance. Both outlets attribute the move to investors buying after the recent selloff.

BigGo Finance reports the gain was 12.78% after a 21% decline over the past month. Bloomingbit adds that Goldman Sachs commented on Micron's investment appeal and favors Samsung and SK Hynix, which BigGo Finance describes as cheaper.

Separately, Yahoo Finance published a headline saying Micron commits $1 Billion to an AI infrastructure IPO. The provided sources give no further details on that item.

Context

Micron is a major memory chip maker, and Samsung and SK Hynix are among its main competitors in that market.

Why it matters

The move shows how sensitive memory chip stocks can be to sentiment after a sharp pullback and to analyst views on relative valuation.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

Micron TechnologyMU

+11.89%

Technology · NASDAQ

Live price

$760.31▲ +11.89%

live price · USD

Close on November 11: $811.30+11.89% vs. previous close ($725.11)
Fair value (ATLAS): $1,436.07Fair range: $370.00 to $2,256.84The price ($760.31) is 47.1% below that figure.
Chance of a rise in 1 month: 45%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $632.59 and $863.68; 9 in 10, between $480.00 and $1,138.24.

See the full ATLAS analysis of Micron Technology →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Micron Jumps 12.78% on Dip Buying; Goldman Favors Samsung, SK Hynix · bloomingbit · November 11, 2026
Micron Surges 12.8% on Bargain Hunting; Goldman Says Samsung, SK Hynix Are Cheaper · BigGo Finance · November 11, 2026
Micron Technology (MU) Commits $1 Billion To Landmark AI Infrastructure IPO · Yahoo Finance · November 11, 2026

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