Micron's Earnings: Wall St. Bets Big on Memory Chip Boom
Update: 2025-12-11
Description
Micron Technologys shares hit a new high, anticipating strong fiscal first-quarter earnings. Analysts boost price targets, citing surging demand for memory chips, crucial for AI, causing a shortage and price hike. Citi, Deutsche Bank, and Morgan Stanley raise targets, praising Microns profitability and market position. All eyes on earnings report for validation.
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