Morgan Stanley analyst Joseph Moore upgraded Micron stock to overweight, or buy, from equal-weight, or neutral. He also hiked his price target to 220 from 160. Micron Technology (MU) should benefit from multiple quarters of double-digit price increases for its memory chips, a Wall Street analyst said in a client note Monday. Micron stock hit an all-time high after the report. Micron stock is on three IBD lists: IBD 50, Leaderboard and Tech Leaders. Follow Patrick Seitz on X at @IBD_PSeitz for more stories ...

AMD has signed a multi-year chip supply deal with OpenAI that could generate tens of billions in revenue for the chipmaker, helping accelerate its momentum in the AI industry. AMD has agreed to supply 6 gigawatts of compute capacity to OpenAI — enough to power up to 4.5 million homes — across multiple generations of its Instinct GPUs, starting with the Instinct MI450 GPU. OpenAI will receive the first gigawatt of capacity in the second half of 2026, when the new chip is scheduled for deployment.  AMD claim ...

Core Insights - Micron is experiencing significant growth due to the rising demand for AI infrastructure, with its stock gaining 40.6% in September [1] - The company sold $2 billion worth of high-bandwidth memory (HBM) chips in Q4 fiscal 2025 and is preparing to launch next-generation HBM4 chips [3] - Micron's revenue increased by 46% year over year in Q4 to $11.3 billion, with a non-GAAP gross margin of 45.7% [5] Demand for AI Infrastructure - The demand for high-bandwidth memory is surging, driven by major deals with tech giants like OpenAI and Nvidia for AI data centers [2] - Micron is prioritizing HBM production over standard DRAM chips, despite weak demand in the PC and smartphone markets [4] Financial Performance - Micron's revenue for Q4 fiscal 2025 reached $11.3 billion, with adjusted earnings per share more than doubling [5] - The company anticipates generating around $12.5 billion in revenue in Q1 fiscal 2026, with a projected non-GAAP gross margin of approximately 51.5% [5] Market Dynamics - The memory chip market is cyclical, with pricing influenced by supply and demand dynamics [7] - Historical trends indicate that periods of high demand are often followed by downturns, posing risks to Micron's profitability [7][8]

Key Points Citi analyst Christopher Danely raised his price target on Micron stock to $175 today. Citi recommends buying Micron on growing demand for NAND and DRAM memory chips. 10 stocks we like better than Micron Technology › It's two weeks until Micron (NASDAQ: MU) stock reports its earnings for fiscal Q4 2025, but Citigroup isn't waiting around for the numbers to upgrade this stock. This morning, Citi analyst Christopher Danely raised his price target on the memory maker to $175 a share, and re ...