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“Micron and Sandisk Hit New Highs as Wall Street Turns Extremely Bullish on Memory Chips” 🚨🚨🚨

Micron Technology and SanDisk surged to fresh record highs after Susquehanna International Group issued new Street-high price targets on both companies, adding even more fuel to the ongoing AI-driven memory stock rally.

Analyst Mehdi Hosseini raised his price target on Micron to $1,750 from $600, while boosting his target on Sandisk to an eye-popping $3,250 from $2,000.

The bullish call reflects growing belief across Wall Street that the memory industry is undergoing a structural transformation powered by artificial intelligence demand.

According to Susquehanna, memory supply is expected to remain tight through at least 2027, allowing companies to maintain unusually high pricing power and profit margins for a prolonged period.

That thesis has become increasingly popular among analysts as AI infrastructure spending accelerates globally.

Advanced AI systems require enormous amounts of high-bandwidth memory to process and store massive datasets, making memory chips one of the most critical components in next-generation computing systems.

Micron, in particular, has become one of the biggest beneficiaries of that trend due to its dominant position in high-bandwidth memory technology used in AI servers and advanced data centers.

The rally has become so aggressive that Wall Street analysts are struggling to keep pace.

This marks the fifth time in the past year that consensus price targets on Micron have jumped more than 10% within a single week. Earlier this week, UBS analyst Timothy Arcuri more than tripled his own target on Micron — only to quickly lose the title of most bullish analyst after Susquehanna’s latest upgrade.

Even with the constant upward revisions, Micron’s stock price has recently traded at the largest premium to the average Wall Street price target in data stretching back to 2008.

The surge highlights the intensity of investor enthusiasm surrounding AI infrastructure companies as markets increasingly view memory chips as one of the most important bottlenecks in the global AI expansion race.

The broader optimism is also lifting the entire memory ecosystem, with investors betting that long-term AI demand could permanently reshape what has historically been one of the semiconductor industry’s most cyclical and volatile sectors.

For years, memory stocks were known for brutal boom-and-bust cycles driven by oversupply and collapsing margins. Now, many analysts argue AI demand may fundamentally alter that dynamic by creating sustained structural shortages and more predictable long-term profitability.