Mizuho Raises Price Targets on Three Semiconductor Stocks Amid Growing AI Demand
Mizuho analyst Vijay Rakesh raised price targets for Texas Instruments (TXN), STMicroelectronics (STMPA), and Micron Technology (MU) due to increasing demand from AI data centers. The upgrades reflect confidence in sustained growth across the semiconductor sector, driven by higher power consumption per system and tighter memory markets.

Topics: AI Micron Technology Mizuho Semiconductors STMicroelectronics Texas Instruments