MU is trading at $454.95 (+6.66%) as high-bandwidth memory (HBM) solutions sell out amid surging AI demand.
- Year-over-year revenues have surged 196%, with EPS projected to grow 600% by 2026.
- Analysts are hiking price targets as high as $610, reflecting optimism over HBM orders extending into 2027.
- The stock continues to outperform the broader market rally as AI-driven memory demand intensifies.