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6. Micron Technology, Inc. (NASDAQ:MU)

Market Capitalization: $115.42 billion

Micron Technology, Inc. (NASDAQ:MU) is a US-based innovative memory and storage solutions provider. Its solutions support the development of artificial intelligence and generative AI applications.

On November 13, Harsh Kumar from Piper Sandler maintained a “Buy” rating on Micron Technology, Inc. (NASDAQ:MU) with a price target of $150.00. The firm says it is bullish on the stock after a series of meetings with the company’s management. The company is poised for growth in its high-bandwidth memory products due to substantial data center demand.

“We feel the company continues to be well-positioned with its HBM [high bandwidth memory] product offering and roadmap. Incremental growth drivers in the near-term continue to be outsized orders from the data center end market while longer-term, automotive as well as a return to growth from handsets and PCs could provide tailwinds in our view.”