Ramish Cheema
Sat, July 11, 2026 astatine 7:52 AM CDT 2 min read
We precocious published Jim Cramer Insisted Recent AI Chip Selloff Wasn't A Bottom & Discussed These 17 Stocks. Micron Technology Inc. (NASDAQ:MU) is 1 of the stocks discussed by Jim Cramer.
Micron Technology Inc. (NASDAQ:MU)'s shares are up by 676% implicit the past twelvemonth and by 200% year-to-date. Cantor Fitzgerald discussed the steadfast connected June 29th arsenic it raised the stock terms people to $2,000 from $1,500 and kept an Overweight standing connected the shares. The fiscal steadfast discussed Micron Technology Inc. (NASDAQ:MU)'s agelong word agreements and outlined that they could relationship for arsenic overmuch arsenic fractional of the spot company's revenue. Phillip Securities besides raised the stock terms people connected the 29th. It hiked the people terms to $1,870 from $530 and kept a Buy standing connected the shares connected the backmost of representation spot shortages, which could pb to much agreements for Micron Technology Inc. (NASDAQ:MU) successful the future. Cramer concisely commented connected the firm's presumption successful the manufacture successful the discourse of its Korean peers:
"Look, radical don't recognize these are company, SK and Samsung are the main ones. We're precise arrogant present of Micron, but SK hynix is truly the large one."
While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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