Micron surges in a single day, probability of rising to $840 this month climbs to 60%

According to PolyBeats monitoring, on November 11, cloud computing company CoreWeave announced its third-quarter results and raised its full-year guidance. Micron closed regular trading that day at $811.30, up 11.89%, with an intraday high of $827.58; the current MU-USDC price on Hyperliquid is $782.74.

On the prediction market Polymarket, the probability of "Micron (MU) touching $840 this month" is approximately 60.5%. Based on the closing price of $811.30, it would need to rise another approximately 3.54%; based on the Hyperliquid MU-USDC after-hours contract price of $782.74, it would need to rise another approximately 7.32%.

Motley Fool reported that CoreWeave's third-quarter revenue was $3.66B, and it raised its full-year 2026 revenue guidance to $13.0B to $13.3B, with capital expenditure commitments of $37B to $39B. CNBC quoted CEO Michael Intrator as saying that demand for this type of infrastructure remains extremely strong, and remaining capacity for 2027 is already oversubscribed by more than 10 times.