Micron stock price: Why MU shares are rising today and what's the new price target

Micron (MU) stock price: Micron Technology shares surged after Stifel raised its price target to $360, citing strong AI cloud demand and improved supply. The memory chipmaker is expected to post significant revenue growth, supported by strategic shifts and a recent fab acquisition in Taiwan. Analysts remain divided on its valuation, but the company's outlook appears robust.