“Memory is 'the most critical architectural pillar' in AI, because it enables AI performance and power efficiency — reiterating a Buy rating and a $1,550 price objective on Micron (roughly 77% above the current share price), with memory supply expected to stay tight through 2027 and 2028.”
Said Oct 26, 2026Deadline Oct 26, 2027BofA Global Research note on Micron, reported by CNBC and TipRanks, October 26, 2026
A reiteration of the $1,550 objective Arya first set in mid-2026, issued after meetings with Micron management; Micron traded around $890-$915 at the time, and BofA price objectives reflect a 0-12 month return horizon.