Why DRAM Shortages Are Pushing Micron (MU) Back Into the Spotlight
Micron Technology, Inc. (NASDAQ:MU) is one of the AI stocks currently on Wall Street’s radar. Intensifying DRAM shortages and sharp DDR5 pricing momentum have pushed memory stock Micron back into Wall Street’s spotlight, reshaping the outlook for the semiconductor memory market. On February 11, Morgan Stanley analyst Joseph Moore raised the price target on Micron Technology to $450.00 (from $350.00) while maintaining an “Overweight” rating. “As much as happened in the last 12 months in DRAM, we remain ex ...