UBS raises Micron target price to $1,625, semiconductor sector collectively strengthens
2026-05-26 13:50
According to data from MSX.COM, Micron Technology's stock price surged again today, hitting an intraday high of $861, with gains exceeding 14%, continuously setting new historical records. UBS analysts pointed out that the first long-term agreements in the memory chip industry will fundamentally transform Micron's profitability model.
Led by Micron Technology, the US semiconductor sector saw broad-based gains. SanDisk surged 7.71% to $1,592.635, Western Digital jumped 7.50% to $520.600, Advanced Micro Devices (AMD) rose 4.87% to $490.285, and TSMC also recorded a 2.77% gain, trading at $415.740.
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