Micron’s new bull case is straight-up bonkers

Micron just got a bigger megaphone

Wall Street woke up and decided Micron Technology deserves an even loftier perch. Melius Research boosted its price target on the chipmaker to $1,100 from $700 and stuck with a Buy rating, which is analyst-speak for: “we’re still in the bull camp, and now we’ve got even fancier binoculars.”

Why you should care

Micron isn’t just another stock getting a friendly hand-wave. It’s a memory-chip name, which means its fortunes are tied to everything from AI servers to your next device upgrade cycle. When analysts start tossing around price targets that imply a moon mission, they’re basically saying demand, pricing, or both could stay hotter than people expected.

And yes, the article is a whole analyst-rating buffet — AMD, Texas Instruments, Simon Property, Harley-Davidson, the works — but Micron is the headliner here. It’s the one with the flashiest upside call and the kind of target that makes your coffee go cold for a second.

The bigger picture

For investors, this is less about one analyst’s opinion and more about the sentiment meter on semis staying firmly in the “greedy” zone. If Micron keeps benefiting from AI-related demand and tighter memory supply, the stock can keep acting like it has a rocket strapped to the hood.

Big picture: Wall Street is still treating Micron like a name with room to run, and that usually keeps traders paying attention whether they meant to or not.