Micron Technology Inc is trading at $1090.73 (4.6% up) in pre-market as AI memory demand and analyst price target hikes extend the stock's weekly rebound.
- The move follows ongoing enthusiasm around AI memory demand and tight supply conditions.
- Multiple analysts recently raised price targets, citing strong AI-related growth as a key tailwind for earnings and valuation.
- The stock continues to recover sharply from levels seen last Friday, supported by positive sentiment regarding the company's long-term growth.