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June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX
Micron stock is setting records and Wall Street is racing to raise price targets for the memory-chip maker.
Micron stock could return more than 50% over the next year.
↗️ SpaceX (SPCX): Shares of Elon Musk’s rocket company are poised for another day of gains, following a two-day rally that pushed the stock up about 43% from its IPO price. Shares advanced 9% premarket.
SanDisk, Micron, Seagate Technology and Western Digital are riding AI-driven memory and storage demand as tighter supply boosts pricing.
More gains lie ahead for the semiconductor star's shareowners, according to a respected Wall Street analyst.
Shares of memory chips maker Micron (NASDAQ:MU) jumped 9.8% in the morning session after sentiment improved following a series of analyst price target increases, driven by strong demand for its memory chips in the artificial intelligence (AI) sector.
Micron Technology (NASDAQ:MU) is the chip stock dominating every feed after its memory business rode the AI cycle to a $1.12 trillion market cap and a 760.37% one-year run. But here’s what you should actually be watching. The Crowded Trade at the Top of the Cycle Memory margins do not stay at 74% forever. Micron ... Forget Micron: 1 Record-Breaking Cloud Powerhouse to Buy Hand Over Fist After the Pullback
Dow Jones Futures: Trump's U.S.-Iran deal sparked a big stock market rally Monday. Nvidia, Micron, Sandisk and SpaceX were big winners.

Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Domination to further discuss today's biggest headlines, including memory chip stocks like Micron Technology (MU) surging as Wall Street leans more bullish on the AI trade, oil prices (CL=F, BZ=F) moving closer to $80 per barrel on news of a US-Iran peace deal, and media giant Fox (FOX, FOXA) striking a deal to acquire Roku (ROKU) for $22 billion.
Analyst sees AI-driven memory demand supporting pricing strength through 2027.
Cuprina (CUPR) said Monday its subsidiary Cuprina Pte Ltd. obtained 510(k) clearance from the US Foo
Chip stocks rose broadly on Monday following an agreement to end the U.S.-Iran war. Big gainers included AMD and Micron.
Micron Technology (MU) has room for its memory-chip upcycle to continue for another five to six quar
AI-driven demand and tighter memory supply lift SNDK, MU, STX and WDC as data centers boost spending on storage, DRAM and NAND solutions.
The DRAM ETF has jumped impressively in just over two months, and it can soar higher thanks to the favorable demand-supply dynamics in the memory market.
Memory and storage stocks are surging on the morning of Monday, June 15, after news of a U.S.-Iran peace agreement reopened risk appetite across global equities. Micron Technology (NASDAQ:MU) stock is up 8% to around $1,060 in early action, climbing back above the $1,000 level. Western Digital (NASDAQ:WDC) stock is up 8% to $607, while ... Micron and Western Digital Climb 8%, SanDisk Rises 6% on Iran Truce
Micron Technology (MU) shares deserve a higher valuation amid a stronger memory cycle driven by AI d
Micron (MU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.