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Memory-chip names have been the market’s standout performers as AI-driven demand tightens supply and lifts contract pricing. Investors hunting for growth in semiconductors are watching capacity, pricing trends, and upcoming earnings closely.
Without any doubt, Micron Technology (MU) is on top of that list. The semiconductor giant has kept hitting new highs, even though we have seen no slowdown in 2026, while the broader market is well down due to the ongoing war situation. Nevertheless, a fresh catalyst for Micron just received as Wedbush Securities sharply raised its price target to $500 from $320, citing pricing that has come in well ahead of prior expectations.