Stock-Split Watch: Is Micron (MU) Next?

The Motley Fool · Adam Spatacco ·

Micron stock has handily outperformed the S&P 500 and Nasdaq throughout 2026.

In a similar fashion to the last few years, artificial intelligence (AI) stocks have brought more market-beating gains in 2026. Few have performed as well as Micron Technology (MU +6.46%). As of this writing (Nov. 5), Micron stock has gained 138% year to date -- making it the fifth-best-performing stock in the S&P 500 (^GSPC +0.99%).

Micron's rally has been fueled by unrelenting demand for memory chips, which have become important components of AI data centers. With Sandisk (SNDK +6.70%) recently announcing a stock split, investors may be wondering whether Micron could follow suit.

I think Micron's latest capital allocation decisions suggest management has other priorities.

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