Analysts at Stifel have raised their value goal on Micron’s (MU) inventory. Pushed via the rising tailwinds of AI call for, Stifel has raised Micron’s value goal to $165, up from the former $140, mentioning the corporate’s high-bandwidth reminiscence choices as a possible catalyst.For extra knowledgeable perception and the most recent marketplace motion, click on right here to look at this complete episode of Marketplace Domination.This submit was once written via Angel SmithVideo TranscriptLet’s additionally discuss Mikron um metal elevating its value goal on that inventory from 140 to 165 mentioning tail winds from A I call for for top bandwidth reminiscence.And that has been form of the bull case typically for Mikron, proper?We now have heard so much about what they name HBM excessive bandwidth reminiscence and that that’s the catalyst right here.And um the analysts also are speaking about expanding in pricing um for reminiscence and that it is gonna be pushed via a few of these extra difficult reminiscence chips, reminiscence chips of the entire chips.I imply, they they are undoubtedly commoditized.Lots of the chips are commoditized aside from for Nvidia’s new very complicated ones.However it is fascinating to peer this evolution of the reminiscence trade to those HB MS which can be a bit extra com Yeah, the HBM I is what is were given such a lot of other people excited.Um And take note Mike Brown reporting approaching June 26 the ones income hit and and the is pronouncing that he is expanding his estimates towards the higher finish of that steering vary in this higher reminiscence pricing additionally raised.Uh It looks as if his Q 4 estimates expects desire pricing to persist in NAN as neatly.So, and says, via the best way, he perspectives Mike Ron as A I garp Julie, I really like Garp A I garp expansion at an inexpensive value.So we’re going to see June twenty sixth Circuit calendars.
