Micron Hits $1 Trillion Valuation with 50-70% Upside as AI Demand Soars
MU•Analysts raised Micron’s price targets, implying 50-70% upside and valuing it at $1 trillion on surging AI memory demand. Chronic undercapacity, covering only half to two-thirds of medium-term demand, and forecasts for high-bandwidth memory markets growing from $35B to $100B by 2028 support expectations for triple-digit share gains.
1. Analyst Price Target Upgrades
UBS and DA Davidson analysts raised Micron’s price targets to levels implying 50-70% upside, reflecting bullish sentiment on the company’s role in the AI memory market.
2. $1 Trillion Market Cap Milestone
Micron reached a $1 trillion valuation, joining Samsung and SK Hynix as trillion-dollar memory makers and underscoring investor confidence in its growth trajectory.
3. Surge in AI-Driven Memory Demand
AI applications have driven unprecedented demand for memory chips, pushing Micron to operate at near-full capacity and fueling its rally despite lofty valuations.
4. Supply Constraints and Market Growth Forecasts
The company can meet only half to two-thirds of medium-term memory demand, while the high-bandwidth memory segment is projected to expand from $35 billion in 2025 to $100 billion by 2028.
