Company Performance: Revenue, profit margins, and overall financial health directly impact investor confidence. Strong performance often leads to higher stock prices.

Industry Trends: The semiconductor industry's growth, demand for specific chip types, and technological advancements influence MU's prospects and stock value.

Market Sentiment: General investor optimism or pessimism, often driven by economic conditions, affects stock prices across the board, including MU.

Global Economy: Economic growth or recession, especially in major markets like China and the US, affects demand for semiconductors and MU's revenue.

Competition: The strategies and performance of competitors like Samsung and SK Hynix can influence MU's market share and investor perception.

Supply Chain: Disruptions or constraints in the semiconductor supply chain can affect production costs and availability, impacting MU's profitability.

Interest Rates: Higher interest rates can make borrowing more expensive for companies and reduce investor appetite for stocks, potentially lowering MU's price.