Micron’s $1B AI Chip Surge Has Wall Street Racing to Raise Targets

Micron Technology (NASDAQ:MU) just lit up Wall Street’s radar. Baird hiked its price target from $130 to $163, signaling growing conviction that Micron’s high-bandwidth memory (HBM) chips are about to play a much bigger role in the AI boom. That sentiment is spreading fast. Rosenblatt now sees the stock hitting $200, and Wedbush, UBS, and others are sticking with bullish calls. Why? Simple: Micron isn’t just riding the AI waveit’s building the surfboard. HBM sales topped $1 billion last…