Tech Explained: Here’s a simplified explanation of the latest technology update around Tech Explained: Micron Technology poised for AI growth; price target raised to $400 — TradingView News in Simple Termsand what it means for users..
- Micron Technology is set to gain from the AI surge, using its top HBM3E chips in high-performance computing. The upcoming HBM4 generation is expected to drive demand from AI developers.1
- Piper Sandler raised Micron Technology’s price target to $400, citing a memory supply squeeze. Limited capacity and rising demand are likely to support strong memory pricing for premium products.2