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Benzinga
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Micron Technology Q4 Preview: Poised To Benefit From Continued AI Adoption, Analysts Say

1. Micron's fiscal Q4 results are due on Sept. 23, with bullish analyst outlooks. 2. JPMorgan sets a $185 target; Rosenblatt offers a $200 target for Micron. 3. Analysts predict solid guidance, driven by strong AI demand and pricing. 4. Upside in NAND pricing may enhance margins in the near term. 5. Micron benefits from constrained chip supply and rising demand through 2026.

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FAQ

Why Bullish?

Analysts forecast substantial revenue and earnings growth, reflecting positive market conditions. Historical performance indicates significant upside when demand exceeds supply, similar to past AI-driven rallies.

How important is it?

The detailed analyst projections and expected market demands suggest strong price movement. The proximity of the earnings announcement heightens the article's relevance.

Why Short Term?

The upcoming quarterly results and solid guidance will likely influence short-term investments. Past announcements have historically triggered immediate market reactions.

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