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Micron Technology, Inc. (NASDAQ:MU) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.

On June 25, 2026, DA Davidson raised its price target on Micron Technology, Inc. (NASDAQ:MU) to $2,000 from $1,500 and kept a Buy rating after the company's Q3 earnings beat. DA Davidson said Micron has entered a period with some of the semiconductor industry's best visibility, a shift from its historical role in the market. The firm also noted that another blowout quarter and positive forward-looking commentary suggest the memory cycle is far from over.

Also on June 25, Deutsche Bank analyst Melissa Weathers raised the firm's price target on Micron to $1,550 from $1,500 and maintained a Buy rating. Weathers said the earnings report "cleared a high bar," pointing to financial and strategic performance. Deutsche Bank viewed the quarter as "stunning," citing favorable pricing dynamics that drove revenue and gross margins to "extraordinary levels," and raised its estimates after the report.

Wedbush also raised its price target on Micron to $1,400 from $1,300 and kept an Outperform rating. Wedbush said Micron delivered another earnings beat with stronger-than-expected forward guidance, but highlighted the company's detailed disclosure of long-term forward contracts covering a significant portion of bit output as the key takeaway. The firm said those contracts meaningfully increase visibility into future revenue, margins, and earnings.

Micron Technology, Inc. (NASDAQ:MU) designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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