Micron's AI Push Boosts Stock
Update: 2025-11-24
Description
Microns stock surged over seven percent following positive analyst outlooks, with Morgan Stanley raising its price target to $338. This optimism is driven by Microns transformation into an AI-optimized memory and storage solutions provider, capitalizing on the booming AI sector. However, the broader market experienced a rollercoaster ride due to concerns about interest rate cuts, leading to a rotation of capital away from volatile growth sectors and towards more stable investments.
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