Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks on Market Radar. Analyst Hans Mosesmann reiterated a Buy rating with a $200.00 price target ahead of the September 23 earnings report, expecting Micron to exceed pre-announcement figures and deliver strong guidance for the November quarter.

The firm predicts that Micron will beat its August 11 pre-announcement, supported by constrained DRAM and NAND Flash wafer supply through 2026, alongside increasing demand from AI workloads. Demand for DRAM has exceeded supply, pushing prices higher across segments.

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products globally, catering to data centers, mobile devices, and various industries. While MU offers investment potential, some AI stocks may offer greater upside potential and lower downside risk.

For more insights on AI stocks, check out “10 AI Stocks in Focus on Wall Street” and “10 Must-Watch AI Stocks on Wall Street.” No disclosures were made.

Read more at Yahoo Finance: Micron (MU) Poised for Gains as Rosenblatt Reiterates $200 Price Target Ahead of Earnings