Company Performance: Strong earnings, revenue growth, and positive profit margins generally increase stock price. Conversely, poor performance can lead to a decline.

Industry Trends: The overall health and growth prospects of the semiconductor industry influence Micron's stock. Positive industry forecasts typically boost investor confidence.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and global economic growth impact investor sentiment and spending, affecting Micron's stock.

Supply and Demand: Market demand for Micron's products (memory chips) directly affects its revenue and profitability, thereby influencing the stock price. Supply chain disruptions may impact negatively.

Investor Sentiment: Positive or negative market sentiment toward Micron or the semiconductor industry as a whole can drive buying or selling pressure, affecting the stock price.

Geopolitical Factors: International trade policies, tariffs, and political instability in regions where Micron operates or sources materials can influence the stock.

Technological Advancements: Breakthroughs or disruptions in memory technology can impact Micron's competitive position and future prospects, affecting its stock price.