Intel shares climbed sharply in late trading Wednesday, driven by a double upgrade from Bank of America and a forceful buying recommendation from CNBC’s Jim Cramer.
UBS has raised its price target for Micron Technology, signaling renewed confidence in the memory chip maker’s growth trajectory.
The analyst action follows a period of strong performance for Micron shares, which climbed 7% earlier this week.
The move comes as investor appetite for semiconductor equities remains robust, driven by expectations of sustained demand in data center and AI infrastructure markets.
The analyst action follows a period of strong performance for Micron shares, which climbed 7% earlier this week.