Micron Stock Soars Toward $1 Trillion with Trump and Wall Street Cheering It On

UBS analyst Timothy Arcuri raised Micron's price target to $1,625 from $535, citing structural AI-driven demand and enhanced long-term agreements in the memory market. The analyst expects EPS to remain above $100 through 2029, marking a shift from traditional memory-cycle dynamics to an AI-demand story. Micron stock rose 13.71% to $853.98 on the news, up 189% year-to-date. — Benzinga