Micron Technology (NASDAQ: MU) stock is posting big gains in Tuesday's trading. The memory chip and storage solutions company's share price was up 7.1% as of 2:30 p.m. ET. Meanwhile, the S&P 500 index was down 0.

Micron Technology, Inc. MU has been on a strong rally in 2025, with its stock soaring 26.5% year to date, significantly outperforming the Zacks Computer – Integrated Systems industry and major semiconductor players like NVIDIA Corporation NVDA,

MU Micron is an American company that makes memory for computers and the stock has gained 21% over the past year taking the company’s market value to 115 billion dollars. With 29 billion of revenue over the last 12 months,

With today's valuation pullback, Micron is now valued at roughly $102 billion and trades at approximately 13 times this year's expected earnings. The company looks cheap on a price-to-earnings basis, but investors should understand that evaluations of the company on this basis can be flawed.