Mizuho Upgrades Price Targets for Micron, STMicroelectronics, and Texas Instruments Amid AI Demand
Mizuho analyst Vijay Rakesh raised price targets on Micron Technology (MU), STMicroelectronics (STMPA), and Texas Instruments (TXN) due to strong demand from AI data centers. The upgrades reflect expectations of sustained tailwinds for analog chips and memory, with tighter markets expected through 2027.
Topics: AI analog chips memory demand price targets semiconductors