Micron Shares Rise as UBS Triples Price Target to $1,625
Micron shares rose 14.2% as UBS raised its price target to $1,625. The firm cited AI demand and long-term deals that could push market value toward $1 trillion.
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Micron shares climbed 14.2% on the morning of May 26 after UBS raised its price target to $1,625. The brokerage cited surging AI demand and new long-term supply agreements as catalysts for a potential $1.8 trillion valuation. This shift suggests Micron could trade at multiples similar to high-growth semiconductor peers.
