Micron Technology Inc is trading 2.9% up at $1050.02 as Wall Street boosts long-term expectations for its AI memory business following Nvidia’s approval of the company as an HBM4 supplier.
- Analysts at firms including TD Cowen, RBC Capital, and Wolfe Research raised price targets, citing robust AI-driven demand and a strengthening competitive position.
- The positive momentum reinforces bullish sentiment ahead of the company's next earnings report scheduled for June 24, 2026.