12 AI News Investors Probably Missed

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

Number of Hedge Fund Holders: 107

Micron Technology, Inc. (NASDAQ:MU) manufactures memory and storage products for industries such as data centers, automotive, mobile, and consumer electronics. Morgan Stanley analyst Joseph Moore lowered Micron’s price target to $91 from $98 and maintained an Equal Weight rating. The analyst noted that the release of DeepSeek’s AI innovations could have deflationary effects, and while the market’s reaction was surprising, it might lead to more export controls or reduced spending enthusiasm. Moore has adjusted price targets for semiconductor suppliers linked to AI but remains positive on the sector overall.

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