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-0.000176919577414935 0.000101096901379881 -0.000783500985694794 -0.000909872112419789 -0.00128898549259463 -0.00141535661931962 -0.00141535661931962 -0.00141535661931962
Stock impact report

Stifel Raises Micron Technology (MU) Price Target to $360, Keeps Buy Rating [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
The firm believes AI cloud demand and strategic fab acquisition are key margin/ supply levers for Micron. According to Stifel, Micron has gained flexibility in its supply roadmap, easing near-term pressure. It noted how the rapid growth in AI cloud infrastructure is absorbing global DRAM output, leading to a supply shortage. Micron has strategically de-emphasized bit shipments to China. More recently, it has also done the same for retail consumer segments through its Crucial brand to redirect more supply to cloud and enterprise customers. In the near term, the company's revenue and margin expansion depend on successful node transitions, including the 1-gamma, as well as on the optimization of its bit supply. Longer term, MU's acquisition of PSMC fab and site in Taiwan provides a "structural outlet for more sustained supply growth.” In the interim, Micron is dependent on node transitions (to 1-gamma) and optimization of its bit supply to drive revenue/margin expansion. Howeve Show less Read more
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