Company Performance: Micron's financial health, including revenue, profit margins, and earnings per share (EPS), significantly impacts its stock price.

Industry Trends: The overall health and growth prospects of the semiconductor industry, especially demand for memory chips (DRAM and NAND), affect investor sentiment.

Supply and Demand: Fluctuations in the supply and demand balance for memory chips directly impact pricing and profitability, thus influencing the stock price.

Economic Conditions: Global economic growth or recession, as well as specific regional economic performance, affects demand for electronics and thus memory chips.

Technological Advancements: Developments in memory technology (e.g., new DRAM standards, 3D NAND) and Micron's ability to innovate influence its competitive position.

Competition: The actions of competitors like Samsung and SK Hynix, including their pricing strategies and technological advancements, affect Micron's market share and profitability.

Geopolitical Factors: Trade tensions, tariffs, and political instability can disrupt supply chains and affect demand, impacting Micron's business and stock price.

Investor Sentiment: General investor optimism or pessimism towards the stock market and the semiconductor sector influences trading activity and stock valuation.

Interest Rates: Changes in interest rates can affect the cost of capital for Micron and influence investors' valuation of future earnings.

Currency Exchange Rates: Fluctuations in currency exchange rates, particularly the US dollar relative to other major currencies, can impact Micron's revenue and profitability.

Government Regulations: Government policies related to trade, subsidies, and technology can affect Micron's competitive landscape and business operations.