Micron Technology Smashes Q4 Estimates, Pricing Drives GM Outlook; Analysts Raise Price Target
1. Micron's Q4 report showed better-than-expected earnings and margins. 2. DRAM pricing could remain in undersupply through 2026, affecting competitors. 3. Micron's focus on high-broadband memory boosts revenue significantly. 4. Analysts raised Micron's price targets, indicating strong future growth potential. 5. AI demand is driving memory industry pricing power positively.