Reported about 13 hours ago
Micron Technology, Inc. (NASDAQ:MU) is gaining attention from investors as a potential leader in AI memory, with UBS raising its price target to $155 due to strong HBM revenue performance. Analysts highlight Micron's financial stability and strategic focus on high-bandwidth memory, which constitutes a growing part of the DRAM market. UBS anticipates supply constraints will persist until 2026, bolstering Micron's market position as it navigates new manufacturing capacity.
Source: YAHOO