Mizuho Backs Micron Technology Inc. (MU) on AI-Driven Memory Demand

Source: Micron Technology

On May 26, Mizuho reaffirmed an Outperform standing connected Micron Technology Inc (NASDAQ:MU) banal with a terms people of $800 connected the shares. This enactment followed Mizuho’s gathering with Micron executives, with the steadfast citing beardown request for representation chips driven by artificial quality applications.

The steadfast stated that increasing AI adoption is creating an undersupplied representation market, adding that this concern could proceed done 2026 and 2027. According to Mizuho expert Vijay Rakesh, request for high-bandwidth representation (HBM) and DRAM is being fueled by AI workloads.

Mizuho said pricing for HBM4 and HBM4e products could summation betwixt 70% and 100% successful 2027, pursuing a pricing reset successful Q4 2025. The steadfast linked the expected summation to rising DRAM prices and increasing merchandise complexity.

Outside the HBM market, Mizuho noted that proviso for cardinal customers remains 30% to 50% beneath demand. The steadfast expects this supply-demand imbalance to persist beyond 2026. Mizuho besides highlighted expanding lawsuit involvement successful semipermanent proviso agreements.

Micron Technology Inc (NASDAQ:MU) is an American semiconductor institution that specializes successful machine representation and machine information retention products. Its portfolio includes dynamic random-access memory, flash memory, and solid-state drives. Micron’s representation products are utilized successful information centers, AI systems, cars, and a assortment of user devices.

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