SSNGY - What's Going On With Micron Technology Stock? | Benzinga
Micron Technology, Inc. (NASDAQ:MU) shares are trading higher Friday after Mizuho analyst Vijay Rakesh maintained Micron with a Buy rating and raised the price target from $100 to $105.
The Details:
Mizuho highlighted Micron’s improving margin profiling and high-bandwidth memory tailwinds as factors in its price target increase.
Micron shares are trading at 52-week highs as semiconductor stocks continue to climb on increasingly widespread adoption of artificial intelligence.
Micron announced on Tuesday that Samsung Electronics Co. (OTC:SSNGY) has selected its LPDDR5X memory and UFS 4.0 mobile flash storage for specific devices within the Galaxy S24 series, an integration that brings AI functionalities to mobile users worldwide.
On Monday, Micron announced it has begun volume production of the 24GB 8H HBM3E solution that will ...