Micron Stock Has 66% Upside As Open‑Source AI Models Guzzle Memory, BofA Says
Bank of America reiterated Buy on Micron with a $1,550 target, arguing open-source AI models multiply memory demand instead of shrinking it.
A big bank thinks Micron could do really well because AI computer programs need lots and lots of memory chips to work. When you see companies needing more computer memory, that's a hint the company that makes those chips might be busy and important.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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