A bit fundamentals from Mizuho SEC. Waith and see until earnings ?

$Micron Technology (MU.US)$ Mizuho Securities showed confidence in Micron Technology (NASDAQ:MU) by raising the stock's price target to $145 from $140 while maintaining an Outperform rating. The adjustment follows a review of the High Bandwidth Memory (HBM) market, which is expected to experience significant growth due to demand driven by advances in Artificial Intelligence (AI).
The company expects the HBM market to grow approximately sixfold on an annual basis to approximately $25 billion by 2025 and expects it to approach $35 billion by 2026. Micron is poised to benefit from this increase, with revenue from HBM3e which could increase 10 to 20 times to $2 to $5 billion between 2025 and 2026. This growth is seen despite some major Dynamic Random-Access Memory (DRAM) vendors lagging behind with HBM3e qualifications.