Stock Market Today: Dow Jones Futures Rise But Nvidia, AMD Fall On AI Chip News (Live Coverage)

Written by Emily J. Thompson, Senior Investment Analyst

MU+1.16%

AMD+1.52%

NVDA+3.93%

Source: Yahoo Finance

Updated: 08-11

5mins

Source: Yahoo Finance

Stock Market Performance: The Dow Jones experienced an increase on Monday.
Impact on Tech Stocks: AMD and Nvidia saw a decline in their stock prices after agreeing to allocate 15% of their revenue from chip sales in China to the U.S.

MU.O

$164.620+73.796%Past 6 months

Line

Candle

YTD

Intellectia

Analyst Views on MU

Wall Street analysts forecast MU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MU is 165.89 USD with a low forecast of 95.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

28 Analyst Rating

1.94% Upside

24 Buy

4 Hold

0 Sell

Strong Buy

1.94% Upside

Current: 162.730

Low

95.00

Averages

165.89

High

200.00

1.94% Upside

Current: 162.730

Low

95.00

Averages

165.89

High

200.00

Barclays

Tom O'Malley

Overweight

maintain

$140 -> $175

2025-09-19

New

Reason

Barclays

Tom O'Malley

Price Target

$140 -> $175

2025-09-19

New

maintain

Overweight

Reason

Barclays analyst Tom O'Malley raised the firm's price target on Micron to $175 from $140 and keeps an Overweight rating on the shares as part of an earnings preview. The firm sees near-term NAND upside and a higher long-term high bandwidth share trajectory for Micron allowing the stock to work.

TD Cowen

Krish Sankar

Buy

maintain

$150 -> $180

2025-09-19

New

Reason

TD Cowen

Krish Sankar

Price Target

$150 -> $180

2025-09-19

New

maintain

Buy

Reason

TD Cowen analyst Krish Sankar raised the firm's price target on Micron to $180 from $150 and keeps a Buy rating on the shares. The firm thinks the stock will continue its outperformance in the short term as checks continue to support that momentum. Typically, this part of the cycle puts more emphasis on ASP trends as Cowen does not expect much multiple expansion from here, but rather continued growth in book value.

Wedbush

upgrade

$165 -> $200

2025-09-18

New

Reason

Wedbush

Price Target

$165 -> $200

2025-09-18

New

upgrade

Reason

Wedbush raised the firm's price target on Micron to $200 from $165, with the new target calculated by applying a 10-times multiple to its FY27 EPS estimates. While this multiple is at the higher end of what Wedbush believes a memory vendor should be valued at peak cycles, the firm would note its out year gross margin assumptions for both NAND and DRAM remain well below the 2018 cyclical high despite a presumably positive contribution from HBM.

Wolfe Research

Outperform

maintain

$160 -> $180

2025-09-17

Reason

Wolfe Research

Price Target

$160 -> $180

2025-09-17

maintain

Outperform

Reason

Wolfe Research raised the firm's price target on Micron to $180 from $160 and keeps an Outperform rating on the shares as part of a fiscal Q4 earnings preview. The outlook for commodity memory continues to improve due to multiple artificial intelligence tailwinds, the analyst tells investors in a research note. The firm says that since Micron's positive pre-announcement in August, NAND sentiment has improved driven by hard disk drive shortages while DRAM pricing has proven resilient. It cites higher estimates for the target increase.

See All Ratings

About MU

Micron Technology, Inc. provides memory and storage solutions. The Company delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). CNBU segment includes memory products and solutions sold into the data center, PC, graphics, and networking markets. MBU segment includes memory and storage products sold into the smartphone and other mobile-device markets. EBU segment includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets. SBU segment includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.

About the author

Preview

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.