Micron Rally Extends to Fresh Highs on AI Memory Demand Optimism

Micron Technology (MU) stock surged to a record in pre-market trading, up about 5% as investors price in AI‑driven memory demand and improving pricing for DRAM and NAND. The rally has pushed MU up over 100% year-to-date and past intraday highs, aided by stronger sentiment from NAND peers like SNDK and bullish analyst views (DA Davidson targets $1,000; average price target around $574.67 with 27 Buys and 3 Holds). The narrative centers on rising memory demand from AI deployments and a memory cycle likely to support higher pricing across the sector.