Micron’s (MU) HBM Demand Outlook Brightens — UBS Hikes Target to $225

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks on the Market’s Radar. On October 8, UBS analyst Timothy Arcuri raised the price target on the stock to $225.00 (from $195.00) while maintaining a Buy rating. The firm quoted stronger high-bandwidth memory (HBM) demand projections behind the rating affirmation. UBS increased its HBM industry demand forecast to 17.1 billion gigabytes for 2025 and 27.2 billion gigabytes for 2026. This is up from previous estimates of 16.9 billion and 26.1 billion g ...