Micron aims for $1 trillion, UBS forecasts $1.8 trillion within a year

Timothy Arcuri lifted his price target to $1,625 from $535 on the back of long-term HBM supply agreements that, in his read, compress the boom-bust memory cycle into something closer to a structural duopoly. Micron Technology shares rose as much as 19% on Tuesday after UBS analyst Timothy Arcuri mor