⚡️Bank of America (BofA) remains bullish on #MU Micron, setting a target price of $1,550 —


Summarizing BofA’s report, there are 3 core views:
① Global AI infrastructure investment is not over yet. By 2027, global cloud computing and AI infrastructure Capex will reach $1.5 trillion, with another 40%–50% room for growth
② Memory is no longer a side character in the AI industry chain
It already accounts for 35%–40% of cloud AI infrastructure capital expenditure
③ Memory has shifted from a cyclical stock to a
That is, separate ordinary DRAM that depends on the consumer electronics cycle from HBM—HBM is valued based on AI infrastructure
Micron also surged tonight by a solid 7.5%, but to reach $1,550, it still needs to rise 52%, nearly $600 billion—equivalent to three Ethereum
MU4.33%
ETH1.22%
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HighAmbition
· 15h ago
To The Moon 🌕
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