Micron Stock Could Reach $3,500 by 2030 If AI Memory Boom Plays Out

Motley Fool argues Micron could benefit as memory becomes a key AI infrastructure constraint, supported by long-term contracts and smarter capital allocation. The article outlines 2030 scenarios: EPS of $250 with a forward P/E of 14 implies about $3,500 a share (upside case), EPS of $160 with a P/E of 10 implies about $1,600 (base case), and EPS of $100 with a P/E of 8 implies about $800 (downside). The base case suggests roughly 67% upside from current levels, though the memory cycle is volatile and risk remains; the piece also promotes Stock Advisor picks.