TradingKey – Micron Technology(MU) has become one of the biggest winners of AI in the semiconductor industry. Previously viewed mostly as a cyclical manufacturer of memory chips, Wall Street is now starting to see Micron as an important AI infrastructure company.
This shift has led to a resurgence in the share price of Micron Technology, and now investors are starting to ask themselves whether or not they will see $1,000 or more for their shares sometime in 2026.
AI Demand Has Changed the Investment Thesis for Micron Technology
Previously, Micron would trade as if it were a generic memory company. Price fluctuations in DRAM and NAND would drive earnings volatility from quarter to quarter and thus, provide no reason for investors to value…
