Micron Technology (MU) in Pivotal Point Check: Citi Analysis on AI Boom and Upgrade to $240 Drives Stock to New Record High!

The US bank Citi upgraded the stock and raised the price target, supported by the ongoing AI hype. Citi sees DRAM memory as the next area for long-term supply contracts with major AI companies. Micron benefits significantly from the demand for High-Bandwidth Memory (HBM) for artificial intelligence applications. Micron Technology, a provider of memory solutions such as DRAM (Dynamic Random-Access Memory) and NAND (Not-AND), saw a significant price jump on October 16, 2025. The stock rose by up to 5.5% in NASDAQ trading, reaching a new all-time...