Micron Soars with AI Surge... Executives Sequentially Sell Off Billions in Shares

Micron Technology Inc. (NASDAQ: MU) disclosed that on April 9 and 14, Michael D. Curdano, Executive Vice President of Global Sales, sold approximately $1.4 million and $1.5 million of the company’s common stock, respectively (roughly 2 billion KRW each). On April 10, Chief Business Officer Sumit Sadana sold about $10.1 million of common shares (around 14 billion KRW). Even after these three transactions, both executives continue to hold substantial Micron stock; Curdano’s remaining shares include portions acquired through the company’s Employee Stock Purchase Plan.

In its fiscal 2026 second-quarter results released March 18, Micron reported significant year-over-year increases in revenue and profit. Fueled by strong demand for high-bandwidth memory in AI data centers, the company’s share price rose by about 53 percent in April. By month’s end, its high-bandwidth memory inventory for 2026 had been virtually fully allocated under long-term supply agreements with AI chip manufacturers, and mass production of HBM4 had begun—prompting market forecasts of continued memory supply tightness through the year.

Headquartered in Boise, Idaho, Micron is a global semiconductor company that designs and manufactures memory and storage products—including DRAM, NAND flash, and SSDs—for server, mobile and automotive applications. Founded in 1978, it has grown alongside Samsung and SK hynix into a leading player in the global memory market and is listed on the Nasdaq under the ticker MU.