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Analyst's $3,000 Micron target stirs chip-stock debate

Original: micron technology

Micron Technology is drawing heavy attention after an analyst set a $3,000 price target, implying roughly a tripling of the memory-chip maker's shares, with the note that 'if you don't buy it, they will.' Commentators are split, with bullish takes citing explosive earnings and AI-driven memory demand, while sceptics call the optimism wishful thinking. The stock has meanwhile slipped amid chip-sector gloom, and Micron's Taiwan union has won a mandate to strike over a bonus dispute.

Why now: An extreme price target, strong earnings debate and a Taiwan labour dispute have put Micron in the spotlight at a tense moment for chip stocks.

Micron TechnologyNASDAQMetaTaiwanBarron's

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