Micron (MU) in Focus as Analysts Highlight Multi-Year AI Data-Center Expansion

Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Making Waves on Wall Street. On December 18, Morgan Stanley analyst Joseph Moore raised the price target on the stock to 325from325 from 180, citing a constructive long-term outlook as memory cycle enters its next phase, supported by AI-driven demand. The firm acknowledged that the recent strength in the stock is a reflection of extreme movements in DRAM pricing over the past quarter. Supply constraints have been so severe that an estimated 30% of en ...