Why does the Citi thinks that the Micron Fund is aimed at $ 150

Micron technology, the leading American semiconductor (MU), is gradually arises as the main player of the world’s high-ranking world. Recently, Micron, Solid Fiscal expressed the results of the third quarter.

As a result, a Citi analyst raised the Fund’s price target to $ 150, which reflects 23.2% at current levels. The Micron Foundation is 45.6%, brutally growing with a wider market index.

Let’s find out what marriage is doing so that the Citi analyst is so optimistic and now.

Citi Analyst Christopher Danely’s Price Target Update is more powerful with stronger prices and more powerful prices and higher transportation of the microns and higher transportation. Although most of the reversers come from NAND more than the drama, the income will be able to explain the fall of shares, Danely Bullish says. Citi, roof prices and artificial intelligence (AI) such as the main growth drivers of the microfi, increased the growing exposure and increased earnings.

The main work of the microns produces memory and storage products such as Drama, NAND flash memory and high bandwidth (HBM). Information centers and cloud calculation, AI and machine allow you to digital world by providing memory and storage technology that serves smartphones and mobile devices, cars and consumer electronics. This usefulness is reflected in the company’s financial 2025 earnings in the third quarter. Total income increased by 36.6% over the year, reached $ 9.3 billion. The adjusted net income increased by 208% to $ 1.91 per share. Adjustable General Marge increased to 39% to 28.1% in the previous year. This increase was managed by the AI ​​information centers, higher than expected drama prices and improved NAND market dynamics.

Micron is an important investment in long-term innovation. In the United States, Multibillion has announced the dollar projects to expand production, this is supported by government promotions under the Fish Act. Despite significant investments, the company’s balance sheet remains stronger with a free cash flow with a balance sheet, about $ 12.2 billion and marketable securities, 1.95 billion. This gives product updates and flexibility to invest in air volatility.