Memory Chip Demand: Increased demand for memory chips in smartphones, PCs, and data centers typically drives up Micron's stock price.

Supply Chain Disruptions: Disruptions in the supply chain, such as raw material shortages or manufacturing delays, can negatively impact Micron's stock price.

Competitor Actions: Actions by competitors like Samsung and SK Hynix influence market share and pricing, affecting Micron's revenue and stock value.

Overall Economic Conditions: A strong economy boosts demand for electronics, benefiting Micron. Economic downturns reduce demand, hurting the stock.

Technological Advancements: New technologies in memory (e.g., HBM) can create growth opportunities for Micron, boosting its stock, or render older tech obsolete, causing decline.

Company Earnings Reports: Positive earnings reports with strong revenue and profit growth generally increase the stock price. Negative reports decrease it.

Geopolitical Factors: Trade wars and political instability in regions with significant tech manufacturing or sales impact Micron's performance and stock.

Investor Sentiment: General market optimism or pessimism, unrelated to Micron's fundamentals, can temporarily influence its stock price.

Memory Pricing Trends: The average selling price (ASP) of memory chips greatly influences Micron's revenue and profitability, impacting the stock price.

Capital Expenditure: Micron's investments in new fabs and equipment impact future production capacity and influence investor confidence and stock valuation.