AI Demand Sparks Micron Stock to New All-Time High

1 min read
Source: The Motley Fool
AI Demand Sparks Micron Stock to New All-Time High
Photo: The Motley Fool
TL;DR Summary

Micron Technology's stock surged to a record high after TD Cowen analyst Krish Sankar reiterated a Buy rating and boosted his price target to $1,500, arguing AI-driven demand for memory chips will sustain strong pricing and multiyear customer agreements into 2027.

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