UBS Analyst Bets Big on Micron: Price Target Triples to $1,625

A UBS analyst has raised his Micron Technology price target from $535 to $1,625—far higher than all 46 other analysts tracking the stock. His bet hinges on demand for memory chips used in AI data centers. If correct, it signals a structural shift in the chip industry, not a modest tweak. SK Hynix's recent guidance supports the demand case.