Micron Technology shares rise 8% premarket after UBS raises price target to $1,625
Micron Technology shares experienced an 8% rise in premarket trading after UBS raised its price target to $1,625. This significant upgrade is attributed to increasing demand for high-bandwidth memory driven by artificial intelligence. UBS's new target reflects a bullish outlook on Micron, suggesting substantial upside potential for investors.
- ▪UBS raised its price target on Micron Technology shares from $535 to $1,625.
- ▪The upgrade is driven by strong demand for high-bandwidth memory used in AI applications.
- ▪Micron has seen its shares climb nearly 200% year-to-date, supported by record quarterly earnings.
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Micron Technology shares rise 8% premarket after UBS raises price target to $1,625 The massive upgrade, driven by insatiable AI demand for high-bandwidth memory, makes UBS's target the highest on Wall Street for the chipmaker. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); UBS just tripled down on Micron Technology.
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