Micron Stock Jumps Following Reassurance on HBM4 and AI Demand Growth

TLDR Micron stock surged by 5-6% after the company reassured investors about its HBM4 production timeline. The company’s CFO confirmed that Micron is in high-volume production of HBM4, shipping products ahead of schedule. Analysts raised their price targets for Micron stock, citing strong AI memory demand and the company’s market position. Micron is benefiting from [...]

The post Micron Stock Jumps Following Reassurance on HBM4 and AI Demand Growth appeared first on Blockonomi.