Micron Technology, Inc. (NASDAQ: MU) saw a surge after Bernstein raised its price target on the stock to $330.00. Analysts predict sustained pricing strength for MU through 2026 due to a supply lag and increased AI demand. DRAM prices are expected to rise in 2026, driven by AI data center demand. Analysts anticipate quarter-over-quarter DRAM ASP growth of 20-25%, with potential upside risk. Micron’s FY26 capex revision suggests continued ASP increase throughout the year. The company develops memory and storage products for various industries globally. While MU shows promise, some AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Micron (MU) Shares Get Bullish Target Hike as DRAM Prices Accelerate