Memory Chip Leader Micron Surges as AI Demand Fuels Record Performance

Micron Technology has delivered a stunning financial performance that exceeded even the most optimistic projections, with the memory chip manufacturer posting extraordinary fourth-quarter results that have investors questioning whether this marks the beginning of a major AI-driven growth cycle. The company’s strategic positioning in artificial intelligence infrastructure appears to be generating unprecedented financial returns.

The market response to Micron’s first-quarter 2026 forecast has been overwhelmingly positive, with the projection of $12.5 billion in revenue and earnings of $3.75 per share triggering a wave of analyst upgrades. Eighteen financial institutions have raised their price targets following the announcement.

Deutsche Bank analyst Melissa Weathers increased her target to $200 per share, highlighting Micron’s “disciplined execution within a rapidly evolving market environment.” TD... Read more...