Micron Technology receives 57 buy ratings as analysts push targets near $1,500 - Crypto Briefing

Micron Technology has received overwhelming bullish support from Wall Street analysts, with 57 buy ratings and several major firms setting their 12-month price targets near $1,500. This surge reflects... Read original →

Micron’s Wall Street rally reflects the inflection point in AI memory economics. HBM’s 3D stacking and TSV processes are forcing upgrades across EDA, advanced packaging, and test equipment—TSMC’s CoWoS capacity is now the chokepoint. Geopolitically, U.S. export controls boost Micron’s China market share at Samsung’s expense but inflate global compliance costs and accelerate CXMT’s HBM roadmap, targeting pilot production by 2027. With SK Hynix and Samsung racing toward HBM4 volume, Micron must double down on hybrid bonding to sustain yield leadership. Over the next 18 months, AI server bit demand will surge over 60% YoY, yet an early HBM price war could undermine the $1,500 consensus target. Susquehanna’s $1,750 call is essentially a bet on Micron’s fleeting technology lead.