Micron Technology may double as AI boom stokes demand for memory hardware, D.A. Davidson says

Micron Technology may see its shares nearly double as the artificial intelligence boom boosts demand for the company's memory scaling offerings, according to D.A. Davidson. The investment bank began research coverage of Boise, Idaho-based Micron with a buy rating, and a $1,000 12-month price target, suggesting 91% upside from Monday's close. …