Micron Technology is trading 5.95% up in pre-market at $916.97 as Morgan Stanley identifies the recent semiconductor sell-off as a major buying opportunity.
- Analysts project a persistent global memory shortage and strong DRAM pricing through 2027–2028.
- The report reinforces confidence in long-term AI-driven demand and sustained sector profitability.
- The stock is rebounding sharply after last week's industry-wide decline, supported by a bullish outlook on memory chip fundamentals.