Micron Technology(US:MU) Ge Long Hui·2025-09-18 14:15Core Viewpoint - Micron Technology (MU.US) shares rose approximately 5.4%, reaching a record high of $168.62, driven by positive market forecasts for NAND flash memory due to increasing demand from AI server shipments and new smartphone releases [1] Industry Summary - According to CFM's flash memory market forecast, the demand for NAND in the server market is expected to increase in the second half of the year due to rising inventory needs [1] - The upcoming release of new smartphones is anticipated to trigger a new wave of device upgrades, further boosting demand for storage solutions [1] - The storage market is projected to experience a comprehensive price increase in the fourth quarter, influenced by the supply strategies of memory wafer manufacturers balancing input and output ratios [1] Company Summary - Wedbush raised Micron Technology's target price from $165 to $200 while maintaining an "Outperform" rating, reflecting confidence in the company's growth prospects [1]