UBS raises Micron target price to $1625, semiconductor sector broadly stronger
2026-05-26 13:50
According to data from MSX.COM, Micron Technology's stock price surged again today, reaching an intraday high of $861, with gains exceeding 14%, continuously hitting new all-time highs. UBS analysts pointed out that the first long-term agreements in the memory industry will fundamentally transform Micron's profitability model.
Led by Micron Technology, the US semiconductor sector showed broad strength. Among them, SanDisk soared 7.71%, now trading at $1592.635; Western Digital rose sharply by 7.50%, now trading at $520.600; Advanced Micro Devices (AMD) gained 4.87%, now trading at $490.285; and TSMC also recorded a 2.77% increase, currently trading at $415.740.
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