Micron Stock Rises as Analysts Highlight Memory Chip Demand Amid AI Growth
Micron Technology (MU) shares rose on July 14, driven by KeyBanc's upgraded price target and expectations of tighter supply for memory chips like DRAM, NAND, and HBM. The firm forecasts significant price increases in the coming quarters due to sustained demand from artificial intelligence applications.
Topics: AI chips memory market price targets supply and demand