Can MU Touch $270 in 2025?
Micron Technology (MU) is a leading semiconductor company that designs and manufactures memory and storage products used in computers, smartphones, data centers, and artificial intelligence (AI) systems. Micron has become a focal point for investors betting on the AI memory wave, pushing its stock up 127% year-to-date (YTD), wildly outperforming the tech-led Nasdaq Composite Index ($NASX) gain of 17.7%.
Recently, BNP Paribas Exane upgraded Micron stock to “Outperform” and raised its target price to $270. This new high price estimate implies an upside potential of over 40% from current levels.
Let’s find out what could propel MU stock close to $270.
Micron’s core business is to…
