Micron (MU) Stock Skyrockets to Record High on AI Frenzy – Analysts See More Upside
Micron Technology is on a tear as investors pile into AI-focused semiconductor stocks. Shares of Micron jumped about 5.5% on Thursday to $204+ intraday, notching a fresh 52-week high marketbeat.com investing.com. Even on a down day for the broader market, Micron was among the top gainers in the S&P 500, boosted by bullish analyst calls investopedia.com investopedia.com. The stock has now more than doubled year-to-date, vastly outperforming the tech sector, after starting the year near multi-year lows. Its market capitalization has swelled to over $220 billion as of this week.