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The semiconductor company's Micron Research Labs will be headquartered in Boise with satellite campuses around the globe, and bring together a number of stakeholders--including customers, academia, government and the broader semiconductor ecosystem--to pursue breakthroughs in memory and AI, he says. The initiative will be \"driving America's leadership in semiconductor and memory technology,\" he says during an appearance on CNBC. The labs will be backed by a planned $10 billion investment over the next decade, the company 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Stock Forecast: BofA Says AI May Have Broken Memory Cycle, Stock Could Rise to $1,144","url":"https://stock-news.laohu8.com/highlight/detail?id=2661423502","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661423502?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:30","pubTimestamp":1787239809,"startTime":"0","endTime":"0","summary":"Micron (MU) shares pulled back slightly after breaking above $1,000 and are currently hovering around $950. Bank of America believes artificial intelligence may have broken the memory boom-and-bust cycle, projecting long-term and massive earnings growth for Micron Technology. According to BofA's scenario model, Micron's revenue could reach $377.3 billion in fiscal year 2030, far exceeding the market consensus of $280.5 billion. On the profitability front, BofA expects its EPS to reach $236.16, representing a compound annual growth rate (CAGR) of up to 34.1%. The market's current valuation of Micron remains relatively conservative, standing at only about 6 times projected FY2027 earnings.","market":"other","thumbnail":"https://resource.tradingkey.com/uploads/20260608/Micron-98572b9fe3894abab71913abd5864c14.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/uploads/20260608/Micron-98572b9fe3894abab71913abd5864c14.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/analysis/stocks/us-stocks/262121630-micron-mu-ai-memory-cycle-interest-dram-hbm-shortage-1000-price-1144-tradingkey","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HBMX","BK4527","FDTX","SHOC","AIFD","MUYY","LU0417517546.SGD","LU0323591593.USD","MUU","BK4533","LU2023250330.USD","IE0034235303.USD","LU1267930813.SGD","FAI","BK4532","LU1551013425.SGD","LU0203347892.USD","CGGO","LU1316542783.SGD","BK4512","PSI","LU0820562030.AUD","XNTK","SG9999001424.SGD","LU0133085943.USD","LU1989764664.SGD","AIS","LU2471134879.HKD","SGXZ99366536.SGD","IE00BSNM7G36.USD","LU0157215616.USD","LU0859254822.USD","LU2286300806.USD","LU0683600562.USD","LU2458330169.SGD","LU1868836757.USD","MU","LU0787776722.HKD","LU1323610961.USD","LU2896262040.SGD","TTXU","LU2089985449.USD","LU1551013342.USD","IE00B19Z3B42.SGD","IE0002270589.USD","LU1629891620.HKD","LU2471134796.USD","IE0009356076.USD","WLDR","LU0964807845.USD","FTEC","LU2102340556.USD","BK4543","BK4566","LU2756315664.SGD","BK4575","IE00B1XK9C88.USD","LU1720051108.HKD","LU0056508442.USD","LU2403377893.USD","MUG","LU0889565833.HKD","LU0274383776.USD","LU2357305700.SGD","LU0082616367.USD","IXN","LU1366333091.USD","IE00BJLML261.HKD","LU2360107168.USD","LU1778281490.HKD","LU2750360641.GBP","LU2250418816.HKD","MUZ","EGGY","AIQ","LU2168564149.EUR","PTF","LU2756315318.SGD","IETC","BK4553","LU2211815571.USD","SGXZ51526630.SGD","BK4605","LU2471134952.CNY","BK4588","LU0127658192.USD","IE00B19Z3581.USD","LU2168564495.EUR","LU0320765059.SGD","LU2213496289.HKD","SOXQ","LU0210536198.USD","LU1674673428.USD","LU0672654240.SGD","LU1989764748.USD","MIC","LU2543165471.USD","XLK","LU2750360997.AUD","LU2054465674.USD","LU0109391861.USD","WUGI","LU0943347566.SGD","LU2360106780.USD","LU2168564065.EUR","LU1720051017.SGD","LU1861220033.SGD","LU2931357623.SGD","FXL","LU2048586759.USD","SOXX","FTXL","LU1868837136.USD","EFIV","LU0203345920.USD","LU0256863811.USD","CHPX","VGT","LU0154236417.USD","LU0889566641.SGD","EMSF","LU1280957306.USD","LU0719512351.SGD","LU0792757196.USD","IE00B7SZLL34.SGD","LU0820561818.USD","LU1548497426.USD","LU2290526834.HKD","LU2458330243.SGD","LU2168564222.USD","TRFK","IE00BWXC8680.SGD","LU1674673691.USD","IE00BK4W5L77.USD","LU0642271901.SGD","LU2357627491.SGD","BK4554","CHPS","LU1852331112.SGD","LU1145028129.USD","JGRO","LU0708995401.HKD","LU2168563687.JPY","MUD","LEGR","LU2471134523.USD","LU0238689110.USD","GB00BDT5M118.USD","LU0640476718.USD","BOBP","LU1868836591.USD","LU1868836914.USD","LU0109392836.USD","SMU00main","BK4141","BK4585","LU1914381329.SGD","IE00B5949003.HKD","LU0820561909.HKD","LU1803068979.SGD","BAI","LU1868837300.USD","USXF","LU0096364046.USD","IE000M9KFDE8.USD","BK4579","IE00BK4W5M84.HKD","LU0061475181.USD","LU0081259029.USD","LU0256863902.USD","LU0689472784.USD","LU1861215975.USD","SMH","RULE","IE00BKDWB100.SGD","SGXZ81514606.USD","LU1267930730.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660330142","title":"Industrial Stocks Have Higher Valuations than Tech. They Deserve It.","url":"https://stock-news.laohu8.com/highlight/detail?id=2660330142","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660330142?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:21","pubTimestamp":1787239260,"startTime":"0","endTime":"0","summary":"AI is creating trillions in stock market value, but technology isn't the sector benefiting the most. That distinction falls to rusty old industrials.Take Nordson, for example. The company isn't a 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