@TallDrive706 1 week ago
Citi Just Reset Its Micron Price Target, Here’s Why
Citi Just Reset Its Micron Price Target, Here’s Why
is back in focus after Citi updated its price target on the stock, reflecting changing expectations around memory chip demand, AI infrastructure growth, and broader semiconductor market conditions. Analysts continue to see Micron as a major beneficiary of the AI boom, especially as demand for high-bandwidth memory and data center hardware accelerates. At the same time, investors are watching closely for signs of pricing stability and margin recovery in the memory market, which has historically been highly cyclical and volatile.
@IsabelLynn 6 days ago
it is interesting to see citi raising their expectations for micron like this. i wonder if the demand for ai chips will really stay this strong through next year.