Mizuho Hikes Micron (MU) PT to $390 on Strong 2026 AI Memory Outlook

Micron Technology Inc. (NASDAQ:MU) is 1 of the cheap stocks to bargain for the adjacent 3 years. On January 9, Mizuho expert Vijay Rakesh raised the firm’s terms people connected Micron to $390 from $290 with an Outperform standing connected the shares. In its 2026 semiconductor outlook, Mizuho broadly revised terms targets crossed the sector, forecasting continued but much mean maturation than successful 2025. The steadfast prioritized AI accelerators, wafer fab equipment/WFE, optical components, and memory. Conversely, Mizuho remained cautious connected the automotive, analog, and user hardware (handsets/PCs) markets.

In different news, connected January 6, Micron Technology Inc. (NASDAQ:MU) announced the motorboat of the Micron 3610 NVMe SSD, which marked the industry’s archetypal PCIe Gen5 G9 QLC SSD designed for lawsuit computing. Built connected Micron’s precocious G9 NAND technology, this thrust is engineered to bring premium show and precocious capableness to mainstream PCs, ultra-thin laptops, and AI-ready devices. It is presently sampling with prime OEM partners and volition beryllium disposable successful capacities ranging from 1TB to 4TB.

Micron has integrated information center-grade information features into this client-level drive. This includes Data Object Exchange and Device Identifier Composition Engine to heighten idiosyncratic information protection. Positioned betwixt Micron’s premium Gen5 4600 bid and its worth Gen4 offerings, the 3610 SSD is designed to democratize high-end Gen5 show portion maximizing artillery beingness for the adjacent procreation of hybrid enactment and gaming laptops.

Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and sells representation and retention products successful the US, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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