Stock Track | Micron Technology Soars 5% Intraday as CFO Addresses HBM4 Production and Morgan Stanley Raises Price Target to $450

Stock Track

Feb 12

Micron Technology's stock soared 5.00% during intraday trading on Thursday, continuing its strong momentum from the previous session.

The rally follows comments from Micron's Chief Financial Officer Mark Murphy at a Wolfe Research conference on Wednesday, where he addressed concerns about competition in the high-bandwidth memory (HBM) chip space. Murphy stated that the company's HBM4 offering is in high-volume production with shipments successfully ramping in the first quarter, a year ahead of initial expectations. He emphasized that Micron is "in the best competitive position it's ever been in, at a perfect time," with most demand driven by the artificial-intelligence buildout.

Adding to the bullish sentiment, Morgan Stanley significantly raised its price target for Micron from $350 to $450 while maintaining an "Overweight" rating and designating the stock as its top pick in the semiconductor sector. The bank cited intensifying supply-demand imbalances, with AI-driven demand creating shortages that allow Micron to exercise pricing power. Morgan Stanley noted that memory chip prices are rising rapidly, with Micron's average selling price potentially increasing close to 30% quarter-over-quarter.

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Morgan Stanley noted that memory chip prices are rising rapidly, with Micron's average selling price potentially increasing close to 30% quarter-over-quarter.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Micron Technology Soars 5% Intraday as CFO Addresses HBM4 Production and Morgan Stanley Raises Price Target to $450</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Micron Technology Soars 5% Intraday as CFO Addresses HBM4 Production and Morgan Stanley Raises Price Target to $450\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-02-12 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Micron Technology's stock soared 5.00% during intraday trading on Thursday, continuing its strong momentum from the previous session.</p><p>The rally follows comments from Micron's Chief Financial Officer Mark Murphy at a Wolfe Research conference on Wednesday, where he addressed concerns about competition in the high-bandwidth memory (HBM) chip space. Murphy stated that the company's HBM4 offering is in high-volume production with shipments successfully ramping in the first quarter, a year ahead of initial expectations. He emphasized that Micron is \"in the best competitive position it's ever been in, at a perfect time,\" with most demand driven by the artificial-intelligence buildout.</p><p>Adding to the bullish sentiment, Morgan Stanley significantly raised its price target for Micron from $350 to $450 while maintaining an \"Overweight\" rating and designating the stock as its top pick in the semiconductor sector. The bank cited intensifying supply-demand imbalances, with AI-driven demand creating shortages that allow Micron to exercise pricing power. Morgan Stanley noted that memory chip prices are rising rapidly, with Micron's average selling price potentially increasing close to 30% quarter-over-quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MU","symbol_name":"美光科技","start_time":0,"source_url":"","article_id":"1100602068","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100602068","pubTimestamp":1770907447,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Micron Technology's stock soared 5.00% during intraday trading on Thursday, continuing its strong momentum from the previous session.The rally follows comments from Micron's Chief Financial Officer...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MU":"美光科技"},"translate_title":"个股追踪|美光科技盘中大涨5%CFO谈HBM4生产大摩上调目标价至450美元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MU":1},"content_text":"Micron Technology's stock soared 5.00% during intraday trading on Thursday, continuing its strong momentum from the previous session.The rally follows comments from Micron's Chief Financial Officer Mark Murphy at a Wolfe Research conference on Wednesday, where he addressed concerns about competition in the high-bandwidth memory (HBM) chip space. 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