Micron’s Price Target Surge Highlights Memory Chip Shortage Amid AI Boom
Bernstein's aggressive price target hike for Micron Technology to $330 reflects a seismic shift in memory markets. The stock's 262% rally in 2025 underscores an unprecedented supply-demand imbalance, with AI infrastructure consuming production capacity that traditionally served consumer electronics.
Samsung's leadership warns the memory shortage has no near-term resolution, while Micron's CEO projects tight conditions through 2026. This supply crunch creates Ripple effects across tech sectors, from smartphone manufacturers to data center operators scrambling for high-bandwidth memory.
The memory market's transformation mirrors cryptocurrency's infrastructure buildouts during bull cycles. Just as blockchain networks require specialized hardware, AI's insatiable demand for high-performance memory is reshaping semiconductor economics.