Micron's AI Surge: Riding the High-Bandwidth Wave
Update: 2025-09-10
Description
Micron's stock surged nearly 5% hitting a 52-week high after announcing increased production of HBM3E chips to meet booming AI demand from Nvidia and AMD. Analysts are bullish, citing Micron's data center dominance and soaring gross margins, with some raising price targets. Up over 60% year-to-date, Micron's strategic position in the AI-driven memory market makes it a compelling stock to watch.
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