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Micron Secures Street High Price Target Of $225 On Back Of A.I. Fueled Memory Up-cycle

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In the midst of a rather controversial season for the memory segment that has seen Samsung battle rumors that it plans to shift to different manufacturing technologies, Rosenblatt is out with an optimistic analyst note for memory maker Micron. The note comes as chip stocks pare their gains after recent highs set by NVIDIA, and Intel makes inroads into U.S. chip funding by gaining access to billions of dollars of chip subsidies. Rosenblatt's latest share price target for Micron is $225, as today's raise marks a strong 60% jump over the firm's previous target of $140. On the back of […]

Read full article at https://wccftech.com/micron-secures-street-high-price-target-of-225-on-back-of-a-i-fueled-memory-up-cycle/

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