Micron (MU) has been the spotlight stock in 2026. The asset’s price has surged by nearly 720% in the last year. MU hit an all-time high of $1,089.29 earlier this month amid rising demand for AI products. While MU has been quite a wealth generator for investors, let’s look at three other public companies that Micron depends on for its growth. These could be good picks for your portfolio.

3 Public Companies That Effect Micron Stock

Micron is a memory chip manufacturer that depends on several other companies to provide services and raw materials. These companies need to keep the supply chain running for Micron (MU) to continue its operations and meed demand.

Axcelis Technologies (ACLS) is a semiconductor company that plays a vital role in Micron’s manufacturing supply chain. Micron uses the company’s ion implantation machines in the early stages of semiconductor fabrication. This a vital part of Micron’s manufacturing process and hence Axcelis Technologies (ACLS) plays a key role in Micron (MU) stock growth. Axcelis Technologies (ACLS) stock price has also risen in tandem with MU, rising by more than 160% in the last year.

Onto Innovation (ONTO) is supplier of metrology and inspection tools that help Micron (MU) maintain its standards. Micron uses Onto Innovation’s multi-wavelength Dragonfly Systems to inspect silicon wafers during and after manufacturing. ONTO has also seen rapid growth along with Micron, rallying over 220% in the last year.

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Kulicke and Soffa (KLIC) provides assembly, packaging and manufacturing equipment to Micron. Micron utilizes the company’s ball bonders, thermo-compression, and vertical wire tools. Micron is heavily depended on Kulicke and Soffa’s advanced packaging and assembly equipment to keep supply flowing. Kulicke and Soffa’s (KLIC) stock price has also seen substantial growth along with Micron (MU), rising by about 77% in the last year.