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0.000504219521256828 -0.000689984608035643 -0.000689984608035643 -0.00254763547582395 -0.00663446738495834 -0.00764290642747199 -0.00703253542805578 -0.00615678573324132
Stock impact report

Why Micron (MU) Stock Is Up Today [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
increases, citing surging demand for the company's memory chips used in artificial intelligence. The optimism was fueled by reports that Micron's High-Bandwidth Memory (HBM), a key component for powering AI processors, was sold out through 2026. This intense demand prompted specific actions from analysts. For instance, RBC Capital initiated coverage on the stock with an 'Outperform' rating and set a price target of $425. Other analysts also grew more bullish, with KeyBanc and Bank of America raising their price targets. The consensus was that the current memory chip cycle would be “stronger for longer” than previous ones, largely due to the sustained growth in AI. After the initial pop the shares cooled down to $343.53, up 3% from previous close. Is now the time to buy Micron? Access our full analysis report here, it's free Micron's shares are extremely volatile and have had 39 moves greater than 5% over the last year. In that context, today's move indicates the market considers Show less Read more
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