U.S. stocks were higher, Nasdaq up 350 points. Micron stock rose on UBS's tripled price target. Other big gainers include BRAI, RDW, HTT, ATOM, TE, MOD, ORBS, YSS, ASTS, UMC, and JOYY.

May 26 : Shares of Micron Technology climbed about 14.2 per cent in early trading on Tuesday after brokerage UBS sharply raised its target price for the stock citing stronger AI…

UBS analyst Timothy Arcuri raised Micron Technology's price target to $1,625 from $535, sending shares up 8.4% premarket on AI memory demand optimism.