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Can Micron Technology Soar 126% and Become the 6th-Largest Public Company? One Wall Street Analyst Thinks So.
The Motley Fool·
Micron Technology has surged nearly 700% over the past year driven by AI demand for memory solutions. One Wall Street analyst predicts a $2,200 price target implying 126% upside and a $2.5 trillion market cap. However, the author warns that historically, game-changing technologies experience bubble-bursting events in early stages, and businesses typically take years to optimize new technologies after adoption.
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