Gabelli Global Growth Fund adds Micron Technology to portfolio
What happened
Gabelli Global Growth Fund purchased a new position in Micron Technology on September 22, 2026. The Fund highlighted Micron Technology in its second-quarter 2026 investor letter, noting that the company develops and manufactures memory and storage products, including DRAM and NAND.
From yahoo.com
Why it matters
The Fund is increasing its exposure to businesses positioned for long-term growth, such as artificial intelligence and automation. Micron Technology is a critical supplier of HBM memory chips used by Nvidia for its advanced AI accelerators.
From yahoo.com
Who's involved
- Micron TechnologySemiconductor company that develops and manufactures memory and storage products
- SanDiskDirect competitor to Micron in memory and storage markets
- Michael BurryMaintains a sustained short position against Micron Technology stock
- NvidiaUses Micron as a critical supplier of HBM memory chips for AI accelerators
- UBSProvides consistent bullish analyst reports influencing Micron's stock valuation
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Micron TechnologySpeculative
Micron Technology could see increased demand for its memory and storage products due to the institutional buying from Gabelli Global Growth Fund.
Keep exploring
The entities involved
-
Micron Technology
American multinational corporation based in Boise, Idaho
Related events
- David Tepper's investment fund held a massive stake in Micron Technology as of August 15, 2026.
- Micron Technology provided a $10,000 donation to the Angel Wings Network.
- Institutional investors are tracking Micron Technology stock.
- Renaissance Technologies adjusted its portfolio, increasing its stake in Meta and opening a new position in CrowdStrike, while cutting Micron and exiting AppLovin.
- Amundi and Norges Bank increased their holdings in Micron Technology stock.