Micron Technology Stock Surges as AI Demand Drives Unprecedented Analyst Optimism

Micron Technology finds itself at the center of Wall Street’s attention as the memory chip giant prepares to release its quarterly earnings. A wave of significant analyst upgrades has swept through the market, with multiple major investment banks substantially raising their price targets for the company. This surge of confidence stems directly from the relentless expansion of artificial intelligence infrastructure development.

The investment community has demonstrated remarkable consensus in its bullish outlook for Micron. Within a 48-hour period, the company received multiple upward revisions from prominent financial institutions. Mizuho Securities elevated its price target from $155 to $182, highlighting the sustained demand for High-Bandwidth Memory (HBM) chips. This move followed similar upgrades from Deutsche Bank, UBS, and Cantor Fitzgerald, who established their targets within... Read more...