AI Boom Spurs Bullish Calls on Datadog, Micron, and Lam Research
Top Wall Street analysts are bullish on three AI beneficiaries — Datadog (DDOG), Micron Technology (MU), and Lam Research (LRCX) — citing strong AI-related demand and improving pricing dynamics. Bank of America’s Koji Ikeda raised DDOG's target on solid Q1 results and AI-led demand; UBS’s Timothy Arcuri lifted MU’s target, citing longer-term AI-driven LTAs and a re-rating of the memory complex; Mizuho’s Vijay Rakesh increased LRCX’s target amid accelerating WFE spending and NAND node transitions. The takeaway: AI infrastructure spending is supporting growth across software observability, memory, and semiconductor equipment, even as macro headwinds persist.
