Micron Technology(US:MU) 智通财经网·2025-10-16 15:26Core Viewpoint - The storage sector continues to strengthen, with Micron Technology (MU.US) reaching a historical high, driven by rising DRAM prices and positive analyst ratings [1] Company Summary - Micron Technology's stock rose over 7%, reaching a historical high, following an upgrade from Morgan Stanley from "Hold" to "Overweight" [1] - Morgan Stanley significantly raised Micron's target price from $160 to $220, citing sustained price increases in core DRAM products [1] - Western Digital (WDC.US) and Seagate Technology (STX.US) also saw stock increases of over 6% and nearly 4%, respectively [1] Industry Summary - Global storage chip prices have been on the rise for the past six months, with an increase in price announcements in the last month [1] - Morgan Stanley's latest report predicts a "super cycle" for the storage chip industry driven by the artificial intelligence boom [1]