A recent write-up projects that Micron (MU) could double to around $2,070 by the end of 2027. The stock is already up over 1,100% in the last 18 months due to heavy demand for AI memory chips. The author bases this target on an expected $319 billion in revenue next year. At $2,070 per share, the price-to-sales ratio would sit at 7.2, which aligns with their historical averages. This would put their market cap around $2.3 trillion. The main driver right now is a memory shortage caused by new AI applications. The primary risks mentioned are competitors increasing supply to drive prices down, or a general slowdown in AI infrastructure spending.