Memory stocks are surging as AI fuels HBM/DRAM/NAND shortages and pricing power at Micron, Samsung, SK Hynix. Click for more.
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Micron Technology (MU) surged 19.3%, surpassing a $1T market cap, driven by relentless AI-driven demand for memory chips. UBS raised MU’s price target to $1,625, reflecting optimism for further upside ...
The main catalyst fueling the stock is explosive demand from hyperscalers for high-bandwidth memory (HBM) and advanced DRAM from AI data centers. Companies like Microsoft, Alphabet, Amazon, and Meta ...