Core Insights - Micron Technology, Inc. is a leading player in the semiconductor industry, specializing in memory and storage solutions, particularly DRAM and NAND flash memory products [1] - The company is positioned to benefit from the emerging AI memory supercycle, which is expected to drive growth in its stock value [3][5] Price Targets and Market Sentiment - Wolfe Research has set a new price target of $300 for Micron Technology, indicating a potential increase of approximately 24.76% from its trading price of $240.46 [2][5] - Morgan Stanley has raised its price target to $338 with an Overweight rating, reflecting strong confidence in Micron's growth potential [2][5] Market Performance - Micron's current stock price of $240.46 reflects a 1.68% increase on the day, with a daily trading range between $231.50 and $242.36, and a 52-week range from a low of $61.54 to a high of $260.58 [3] - The company's market capitalization is approximately $268.35 billion, indicating its significant presence in the semiconductor industry [4][5] - The trading volume for the day is 17.54 million shares on the NASDAQ exchange, showing active investor interest [4]