CMB Stock News Of The Day 📰🗞️🗞️📈📉

“Micron Rallies After Major Price Target Boost and Strong Overseas Momentum in Memory Chip Market” 🚨🚨🚨

Micron Technology kicked off the week on a high note, with shares rising about 2.6% premarket after another wave of optimism hit the memory chip sector. The stock continued its upward momentum from last week, reaching $245.93 (+3.67%), fueled by Wall Street upgrades and bullish signals from Asia’s semiconductor markets.

Susquehanna Lifts Price Target to $300

In a significant show of confidence, Susquehanna raised its price target for Micron by 50% — from $200 to $300 — while reaffirming its positive rating.

The firm cited strengthening demand for high-bandwidth memory (HBM) and improved pricing power across the memory market as catalysts for Micron’s continued upside.

The upgrade reinforces a broader trend: memory chipmakers are entering a new supercycle driven by AI infrastructure demand, with HBM chips becoming one of the hottest components in the semiconductor industry.

SK Hynix Surge Adds Fuel to Micron’s Rally

Micron’s bullish sentiment is also mirroring strong gains overseas. In South Korea, memory heavyweight SK Hynix surged sharply on Monday, bolstered by:

• Strong pricing for HBM3e chips, the latest generation of high-bandwidth memory

• Fresh speculation surrounding potential American Depositary Receipt (ADR) issuance, which would give U.S. investors easier access to the stock

Shawn Oh of NH Investment & Securities noted that demand for HBM3e has been “exceptionally strong,” contributing to the stock’s powerful move higher. A separate brokerage boosted SK Hynix’s price target as well, forecasting the company’s operating profit will double this year thanks to surging memory prices.

HBM4 Delays Could Benefit Micron

According to ZDNet Korea, SK Hynix is delaying the ramp-up of its next-gen HBM4 production, partly to align with Nvidia’s upcoming Rubin platform. While the delay may help SK Hynix fine-tune its roadmap, it also creates an opportunity for rivals.

For Micron, the postponement could be a strategic advantage:

• It extends the demand window for Micron’s current HBM3e chips

• It gives Micron valuable time to advance its own HBM4 development

• And it potentially reduces near-term competitive pressure in the U.S. memory market

A Strengthening Position in the AI Hardware Race

As AI workloads explode, memory capacity and bandwidth are becoming critical bottlenecks — and companies like Micron and SK Hynix are benefiting. With rising chip prices, improved margins, and expanding HBM demand, Micron is increasingly well-positioned within the global semiconductor ecosystem.

If the pricing environment remains favorable and the company executes on its next-generation roadmap, Micron may have even more room to run.