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Benzinga
Benzinga
Business
Anusuya Lahiri

Micron Rides AI Wave With Upgraded Outlook, Analysts See More Gains Ahead

Micron Technology, Inc.

Micron Technology (NASDAQ:MU) extended gains Tuesday after boosting its August-quarter outlook, fueled by surging demand and pricing for AI-focused memory chips, signaling continued momentum in the DRAM market through 2026.

JP Morgan analyst Harlan Sur maintained Micron Technology (NASDAQ:MU) with an Overweight rating and raised the price forecast from $165 to $185 on Monday.

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