All articles tagged with #micron
The article argues Tesla’s EV-turned-robotics/AV pivot is expensive and slowing its core business, with high costs and a rich valuation, making it less attractive now. In contrast, Micron and Taiwan Semiconductor are benefiting from surging AI infrastructure demand, reporting strong recent earnings growth and trading at much cheaper multiples, positioning them as the stronger AI stock picks today.
As AI workloads intensify, memory chips—especially Micron's high-bandwidth memory—are becoming a key growth driver, with demand outpacing GPUs and a TAM expected to grow from about $35B to $100B by 2028. The piece suggests Micron could follow Nvidia's playbook, trading at a modest forward P/E around 12 and offering upside from a fast-expanding memory market, potentially earning the label of 'new Nvidia' in investors' eyes.
Micron announced a roughly $24 billion expansion in Singapore to boost NAND supply, adding 700,000 square feet of cleanroom space and aiming for NAND production by late 2028, as AI-driven demand tightens memory markets; the plan includes a $7 billion high-bandwidth memory plant at the same site, with around 1,600 new jobs and a stronger Singapore role in the global semiconductor supply chain amid shortages through 2027.
Micron Technology plans to invest about $24 billion to construct a memory-chip fabrication plant in Singapore, marking a major expansion of its manufacturing footprint in Asia.
Micron announced a US$24 billion, 10-year investment to build an advanced wafer fabrication facility at its Singapore NAND complex, aiming to begin wafer output in H2 2028 and expanding to 700,000 square feet of cleanroom space. The project will create about 1,600 new jobs at the fab, adding to roughly 1,400 from an adjacent high-bandwidth memory packaging facility for a total of around 3,000 roles, and strengthens Singapore’s semiconductor ecosystem through co-located R&D, sustainability commitments, and potential NAND/DRAM synergies with AI-driven demand.
Five-star investor Adam Spatacco argues Micron (MU) could join Nvidia, TSMC and AVGO in the trillion-dollar AI-chip club by capitalizing on memory demand for AI servers; Micron supplies high-bandwidth memory (DRAM and NAND) and hyperscalers are scrambling for memory as AI models expand beyond chat tools. With DRAM and NAND prices rising, MU posted solid Q1 2026 revenue and margins, and the total market for high-bandwidth memory could reach $100 billion by 2028. MU trades at a forward P/E near 12 versus peers 30–60, implying upside if it re-rates toward peers, potentially hitting $1 trillion. Street consensus is Strong Buy with a target around $374, but risks include memory-price volatility and competition.
Despite a roughly 200% six-month stock surge and a record Q1 2026 revenue of $13.6 billion, top TipRanks investor PropNotes says Micron is still in a historic growth phase driven by AI-memory demand. He points to margins expanding from 25% to 45% year over year and argues AI workloads will keep memory-chip demand high, suggesting further upside over the next two years even as some analysts worry about memory pricing. MU now has a Strong Buy consensus (25 Buys, 1 Hold) with a 12-month target near $363.77, and even with insider selling by MU’s CEO, the long-run thesis remains intact.
Micron Technology signed an exclusive LOI to acquire PSMC's Tongluo P5 300mm DRAM fab in Miaoli County, Taiwan for $1.8 billion, adding a 300,000-square-foot cleanroom and establishing a long-term post-wafer assembly relationship. The deal is expected to close in Q2 2026, with DRAM production ramp planned in phases and meaningful wafer output anticipated in H2 2027, strengthening Micron's Taiwan operations amid rising demand.
UBS analyst Timothy Arcuri, after investor meetings, says Micron’s upcycle is durable thanks to AI-driven memory demand, with capacity additions taking a long time and memory shifting from a commodity to a strategic asset. He lifted 2026 and 2027 EPS estimates and raised the price target to $400 (roughly 16% upside) while keeping a Buy rating; overall sentiment among analysts remains bullish, though the average target (~$329) implies some downside risk in the near term.
Analysts raised Micron Technology's price target on expectations that memory supply will remain tight through 2026, a backdrop that could support MU as demand for DRAM and NAND stays solid despite market volatility.
Micron Technology's shares have surged 236% in 2026, driven by strong demand for high-end memory chips used in AI GPUs, partnerships with NVIDIA, and increased investment plans, with analysts optimistic about continued price rises and capacity expansion.
Micron stock rose 4.1% after Mizuho analyst Vijay Rakesh raised his 2026 price target to $390, citing attractive valuations and sector prospects, though concerns about cash flow and valuation multiples remain. Despite strong recent earnings and optimistic forecasts, some analysts advise caution, and Micron was not among the Motley Fool's top stock picks for future growth.
Micron Technology's stock has surged due to record revenue and strong demand for memory chips, especially in data centers, with management expecting the market to grow significantly through 2026. Despite its cyclical nature, the current demand-supply imbalance and expanding market suggest potential upside for investors beyond 2025.
Micron Technology's stock has surged over 238% in 2026 due to improved memory chip prices and sustained demand, with the company increasing its capital expenditure forecast to $20 billion, indicating confidence in the ongoing demand cycle for memory products across various sectors.
Micron's shares surged 8.1% after Bernstein raised its price target to $330, citing strong AI-driven demand for memory chips, especially DRAM, amid constrained supply and booming data center needs, following record quarterly results and optimistic forecasts.