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Micron Technology, Inc. (NASDAQ:MU) Sees Bullish Price Targets Amid AI Memory Supercycle

  • Wolfe Research sets a new price target of $300 for Micron Technology, Inc. (NASDAQ:MU), indicating a potential increase of approximately 24.76%.
  • Morgan Stanley raises its price target to $338 with an Overweight rating, highlighting the beginning of the AI memory supercycle.
  • Micron's market capitalization stands at approximately $268.35 billion, reflecting its significant presence in the semiconductor industry.

Micron Technology, Inc. (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its dynamic random-access memory (DRAM) and NAND flash memory products, which are essential components in a wide range of electronic devices. Micron competes with other major semiconductor companies like Samsung and SK Hynix.

On December 2, 2025, Wolfe Research set a new price target of $300 for Micron Technology. At the time, the stock was trading at $240.46, suggesting a potential increase of approximately 24.76%. This optimistic outlook is further supported by Morgan Stanley, which has raised its price target to $338, accompanied by an Overweight rating. This indicates strong confidence in Micron's growth potential.

The endorsement from Morgan Stanley highlights the beginning of the AI memory supercycle, a trend that Micron is well-positioned to benefit from. The stock's current price of $240.46 reflects a 1.68% increase, or $3.98, on the day. The stock has shown volatility, with a daily range between $231.50 and $242.36, and a 52-week range from a low of $61.54 to a high of $260.58.

Micron's market capitalization stands at approximately $268.35 billion, underscoring its significant presence in the semiconductor industry. The trading volume for the day is 17.54 million shares on the NASDAQ exchange, indicating active investor interest. As the AI memory supercycle gains momentum, Micron's strategic positioning could drive further growth in its stock value.