MU is trading at $395.50 (+3.29%) amid a strong market rebound as investors buy back into tech after a volatile week.
- The stock is tracking gains in major indices, with the S&P 500 up 1.84% and the NASDAQ rising 1.98%.
- Analysts remain bullish on AI memory demand with price targets up to $450, noting the recent 13% correction was tied to market conditions rather than company-specific issues.
- Positive sentiment across the semiconductor sector, supported by gains in Nvidia, is providing additional tailwinds for the move.