Veteran Analyst Firm Sees 40% More Upside for Micron Stock - TradingView

Prominent analyst firm TD Cowen and Cantor Fitzgerald have raised their price targets for Micron Technology to $1,500, implying nearly 40% upside. The stock recently hit a new high, with a 12-month ga... Read original →

Micron’s surge signals AI memory demand has shifted from speculation to hard orders, with its HBM3E and GDDR7 chips now essential for NVIDIA and AMD’s next-gen AI accelerators. This triggers a tech cascade: TSMC’s CoWoS capacity is being reallocated toward HBM integration, while Samsung and SK Hynix accelerate 2.5D/3D stacking R&D. Geopolitically, U.S. export controls elevate Micron’s China revenue risk, yet its diversified fabs in Taiwan, China, and Japan mitigate supply chain fragility. Competitively, Samsung may deploy pricing aggression to delay Micron’s profitability rebound, while SK Hynix deepens cloud partnerships with Microsoft and Google. Even if AI server growth moderates, edge AI and automotive HBM adoption will sustain elevated gross margins over the next 12–24 months—making a $150 EPS by 2027 achievable if capital discipline holds.