Micron (MU) stock jumps 10% as Bernstein lifts target on AI-driven memory price upcycle
NEW YORK, January 4, 2026, 05:50 ET — Market closed
- Micron shares last closed up 10.5% after a Bernstein price-target hike tied to AI-driven memory demand.
- Bernstein said a “record” pricing upcycle is underpinning the global memory market into 2026.
- Traders are watching memory pricing signals, rates-sensitive tech sentiment and Micron’s next earnings timing.
Micron Technology shares surged 10.5% to close at $315.42 on Friday, as a bullish analyst note helped extend a powerful rally in memory stocks tied to artificial-intelligence data centers.
The move matters now because memory is one of the key inputs for AI servers, and tighter supply can push up prices quickly. Higher prices typically flow straight…
