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.
週五凌晨，Micron Technology Inc.（NASDAQ:MU）的股價上漲，並已在人工智能的推動下年內上漲了60%以上。
Management meetings with analysts were held in Boston and New York. Here are some takeaways.
分析師與公司管理層在波士頓和紐約進行了會議，以下是一些討論結果。
BofA Securities On Micron Technology
BofA Securities 關於美光科技
Analyst Vivek Arya maintained a Buy rating and price target of $170.
分析師Vivek Arya維持買入評級和價格目標在$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關於定價和轉向“不同的人工智能計算和企業存儲產品”非常看好，Arya在備忘錄中寫道。管理層重申了他們在高帶寬內存（HBM）市場中的目標是在2025年佔據20%-25%的市場份額，目標可達市場（TAM）可能超過200億美元，他補充說。他寫道，“與此同時，邊緣人工智能（手機和個人電腦）只是剛剛開始，可能成爲未來幾年的增量增長驅動力。”
"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.
分析師寫道: “同時，邊緣人工智能（手機和個人電腦）只是起步，未來幾年可能成爲增量增長驅動力。”
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Goldman Sachs On Micron Technology
高盛關於美光科技
Analyst Toshiya Hari reiterated a Buy rating and price target of $158.
分析師Toshiya Hari重申買入評級和價格目標在$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說，美光科技將在HBM和整體DRAM和NAND行業的供需動態中提高其競爭地位。他補充說: “公司仍然預計在FY2024年實現數億美元的HBM營收，到FY2025年將顯著提升到數十億美元。”
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.
分析師表示，當前已經在Nvidia Corp（NASDAQ:NVDA）資格認證的美光科技正在爲 H200 進行出貨。他進一步寫道，“實際上，據管理層稱，公司已經售完了（即HBM位元已分配）CY2024和CY2025，而且價格談判也已接近完成到CY2025。”
MU Price Action: Shares of Micron Technology had risen by 1.68% to $132.42 at the time of publication on Friday.
週五出版時，美光科技股票價格已上漲1.68%，達到$132.42。
Photo: Photo by NPS_87 on Shutterstock
圖片:Shutterstock的NPS_87