Micron Technology Analysts Remain Bullish After Management Meetings, 'AI ... Could Become An Incremental Driver'
Micron Technology Analysts Remain Bullish After Management Meetings, 'AI ... Could Become An Incremental Driver'
Micron Technology Inc (NASDAQ:MU) shares were climbing in early trading on Friday and are up more than 60% year to date on an AI rally.
周五凌晨，Micron Technology Inc.（NASDAQ:MU）的股价上涨，并已在人工智能的推动下年内上涨了60%以上。
Management meetings with analysts were held in Boston and New York. Here are some takeaways.
分析师与公司管理层在波士顿和纽约进行了会议，以下是一些讨论结果。
BofA Securities On Micron Technology
BofA Securities 关于美光科技
Analyst Vivek Arya maintained a Buy rating and price target of $170.
分析师Vivek Arya维持买入评级和价格目标在$170。
Micron Technology's key message was "very bullish" regarding pricing and mix shift towards "differentiated AI computing and enterprise storage products," Arya said in a note. Management reiterated their goal of expanding their share of high bandwidth memory (HBM) towards 20%-25% in 2025, in a target addressable market (TAM) that could exceed $20 billion, he added.
美光科技的重要信息是关于定价和转向“不同的人工智能计算和企业存储产品”非常看好，Arya在备忘录中写道。管理层重申了他们在高带宽内存（HBM）市场中的目标是在2025年占据20%-25%的市场份额，目标可达市场（TAM）可能超过200亿美元，他补充说。他写道，“与此同时，边缘人工智能（手机和个人电脑）只是刚刚开始，可能成为未来几年的增量增长驱动力。”
"Meanwhile edge AI — phones and PCs — is just getting started and could become an incremental growth driver over the next few years," the analyst wrote.
分析师写道: “同时，边缘人工智能（手机和个人电脑）只是起步，未来几年可能成为增量增长驱动力。”
Check out other analyst stock ratings.
查看其他分析师的股票评级。
Goldman Sachs On Micron Technology
高盛关于美光科技
Analyst Toshiya Hari reiterated a Buy rating and price target of $158.
分析师Toshiya Hari重申买入评级和价格目标在$158。
Micron Technology is set to improve its competitive position in HBM as well as in the "overall DRAM and NAND industry supply/demand dynamics," Hari said. "The company continues to expect several hundred million dollars of HBM revenue in FY2024 which steps up materially to multiple billion dollars in FY2025," he added.
Hari说，美光科技将在HBM和整体DRAM和NAND行业的供需动态中提高其竞争地位。他补充说: “公司仍然预计在FY2024年实现数亿美元的HBM营收，到FY2025年将显著提升到数十亿美元。”
Micron Technology, which is qualified at Nvidia Corp (NASDAQ:NVDA) is currently shipping for H200, the analyst stated. "In fact, per management, the company is sold out (i.e. HBM bits have been allocated) for both CY2024 and CY2025, while pricing negotiations are also nearly complete through CY2025," he further wrote.
分析师表示，当前已经在Nvidia Corp（NASDAQ:NVDA）资格认证的美光科技正在为 H200 进行出货。他进一步写道，“实际上，据管理层称，公司已经售完了（即HBM位元已分配）CY2024和CY2025，而且价格谈判也已接近完成到CY2025。”
MU Price Action: Shares of Micron Technology had risen by 1.68% to $132.42 at the time of publication on Friday.
周五出版时，美光科技股票价格已上涨1.68%，达到$132.42。
Photo: Photo by NPS_87 on Shutterstock
图片:Shutterstock的NPS_87