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business10h ago
Micron hits a $1 trillion market cap after UBS — and Trump — praise it
Mrf.lu and 4 more
- Micron breaks through the trillion-dollar mark as UBS lifts its price target and signals strong demand visibility for the memory-chip maker, fueling a sharp rally.
- UBS keeps a Buy rating on Micron and lifts the 12-month target, citing long-term contracts that lock in pricing and provide better earnings visibility.
- Micron is pursuing 3–5 year supply contracts with mixed fixed and variable pricing, signaling tight memory supply through 2027–2028.
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