UBS Sees Prolonged Supply Tightness Supporting Micron Technology, Inc. (MU) Micron Technology, Inc. (NASDAQ: MU) has been highlighted by UBS as a stock benefiting from extended supply constraints in the semiconductor industry. On March 2, the investment bank raised its price target for Micron to $475 from $450 while maintaining a Buy recommendation. UBS analysts noted that supply shortages in both DRAM and NAND markets are expected to persist through 2026, with DRAM shortages potentially lasting into 2028. The firm suggested Micron is using this supply tightness to secure long-term contracts with customers, which could stabilize pricing in the short term while improving revenue predictability and earnings resilience over the next several years. Micron also announced the opening of a new semiconductor assembly and test facility in Sanand, Gujarat, India, on March 1. This facility processes advanced DRAM and NAND wafers from Micron’s global manufacturing network into finished memory and storage products. Once fully operational, the Sanand site will cover over 500,000 square feet of cleanroom space, significantly expanding Micron’s backend manufacturing capacity. This move strengthens the company’s supply chain diversification and positions it to meet growing demand in key markets. Founded in 1978 and based in Boise, Idaho, Micron is a leading U.S.-based manufacturer of high-performance semiconductor memory and storage solutions. Its products include DRAM, NAND flash, and NOR memory, which are used in applications such as artificial intelligence, advanced computing, and data-intensive systems across data centers, mobile devices, automotive, and industrial sectors. The company markets its technologies under brands like Micron and Crucial.#india #ubs #micron_technology #sanand #gujarat
