TD Cowen raised Micron's price target to $1,500 from $660 as the chipmaker's HBM supply sells out for 2026 amid surging AI memory demand.

TD Cowen raised Micron's price target to $1,500 from $660 as the chipmaker's HBM supply sells out for 2026 amid surging AI memory demand.

Micron Technology stock surged 10% as analysts raised price targets ahead of June 24 earnings, citing AI-driven memory demand and sold-out HBM production.