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Citi’s latest call on Micron Technology (MU) comes down to one clear tailwind. The firm added MU to its upside Catalyst Watch because it expects stronger DRAM pricing in the second half of 2026.
That view looks even more interesting when you look at Citi’s bigger pricing outlook. The bank expects DRAM prices to nearly triple next year, which would be a big win for Micron since its revenue and margins move closely with memory prices.
