π Micron $MU +3% midday β UBS slaps $1,625 target, Apple may shift chip orders its way
Micron (MU) is up roughly 3% Monday, extending its AI memory rally as Wall Street stacks on price target hikes. UBS reaffirmed Buy with a $1,625 target and New Street lifted to Buy at $1,250 β both citing an AI memory supercycle driving unprecedented HBM demand. The added kicker: the White House is reportedly pressuring Apple to stop sourcing memory chips from China, and Micron is the obvious beneficiary if Apple shifts orders. Not financial advice. Could Apple design wins be the next big catalyst for $MU?
β‘ 38 buzzing
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