Reported 2 days ago
Micron Technology's stock has surged significantly in 2025, reaching new highs thanks to increased demand for memory chips driven by AI advancements. Analysts from Morgan Stanley have upgraded Micron's rating due to optimistic growth expectations, projecting a target price of $220, up from $160. Meanwhile, partnerships with key AI chipmakers and record quarterly sales highlight Micron's strong position in the market, making it one of the top performers in the S&P 500 this year.
Source: YAHOO