Micron Technology, Inc. (MU) Gains Analyst Confidence On Solid Positioning

Micron Technology, Inc. (NASDAQ:MU) is among the most profitable semiconductor stocks to buy. On November 7, 2025, Aaron Rakers, an analyst at Wells Fargo, reiterated an ‘Overweight’ rating on Micron Technology, Inc. (NASDAQ:MU), while increasing the price target to $300 from $220, indicating an upside potential of around 26%. This update followed hosting meetings with CEO Sanjay Mehrotra and EVP, Global Operations Manish Bhatia. The firm acknowledges the company’s strong execution, competitive positioning, and positive dynamics within the industry.

In a client note issued on October 30, 2025, Karl Ackerman, an analyst at BNP Paribas, highlighted that increased spending by tech giants benefits more companies than just the major AI chipmakers. The analyst believes that unprecedented capital (capex) investment is poised to benefit the entire data center supply chain. He named Micron Technology, Inc. (NASDAQ:MU) as among the key beneficiaries.

Earlier, on October 28, Supermicro partnered with Intel and Micron Technology, Inc. (NASDAQ: MU) to develop a system for STAC-M3, utilizing the company’s 9550 SSDs and DDR5 memory. As stated by Alvaro Toledo, Vice President at Micron:

“Our technical collaboration with Supermicro, Intel and KX Software sets new performance records and gives traders the edge they need to win.”

Micron Technology, Inc. (NASDAQ:MU) is an Idaho-based company specializing in memory and storage products. Incorporated in 1978, the company operates through four segments, including the Cloud Memory Business Unit and Core Data Center Business Unit.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.