Bird 将 MU 目标价上调至 1520，理由是 AI 驱动的需求以及供给受限支撑价格与利润率。
逐段跳播
Micron。在财报公布前上调目标价。是的，听着，这只股票今年迄今表现优于大盘，而Bird预计它将继续跑赢。他们对这只股票的前景非常乐观。他们给予Micron“增持”（跑赢市场）的评级。
Micron. Raising the target price before the earnings announcement. Yes, listen, this stock has outperformed so far this year, and Bird expects it to continue to outperform. They have a very optimistic outlook on this stock.
They gave it an " overweight" rating (outperforming the market) for Micron.
他们将其目标价上调至1520。这高于此前的1280。从周五的收盘水平来看，这意味着较该水平上涨约40%。请记住，这只股票自年初以来已上涨约279%，这不包括今天的走势。我们今天正经历一些疲软。
They are raising their price target to 1520. That's up from 1280. What that means from Friday's closing levels is a rise of about 40% from there. Keep in mind that this stock has risen by about 279% since the beginning of the year, excluding today's movements. We are experiencing some weakness today.
但回到Micron，请记住我们今天稍后会有财报结果。我们来梳理一下为什么“Bird”认为从这里还有更多增长空间，以及更好的同比表现。
But back to Micron, keep in mind that we have earnings results ahead of us today . Let's review why "Bird" sees more room for growth from here, and even better year-over-year performance.
他们预计生成式人工智能的使用会增加，并预期这将提升对服务器CPU以及与设备并行运行和内置其中的存储芯片的需求。
They anticipate increased use of generative artificial intelligence, and expect that this will raise the demand for server CPUs and memory chips that operate alongside and within devices.
他们还预计2027年DRAM供应增长将放缓。换句话说，这将在短缺持续的同时发生，而这是我们在这个行业中看到赋予定价权的因素之一。
They also expect DRAM supply growth to slow in 2027. In other words, this will happen while shortages persist, and this is one of the things we have seen give pricing power within this industry.
因此，他们认为这一持续的供应短缺可能会支撑美光的价格。
Therefore, they believe this ongoing supply shortage may support Micron's pricing .
Byrd 认为，明年高带宽内存（即 HBM，用于人工智能内存系统的快速内存）的利润率会更好。关于利润，他们说，要关注有关内存价格、利润率以及美光预计在 2027 年提供的供应量的最新消息。
Byrd sees better profit margins next year for high-bandwidth memory, known as HBM, which is the fast memory used in artificial intelligence memory systems . Regarding profits, they say listen to updates on memory prices, margins, and the amount of supply Micron expects to provide in 2027.
他们说：“对生成式人工智能日益增长的需求将推动美光的股价升至前所未有的高度。”预测方面，我们看的是每股收益 31.50，Nicol。我们看的是营收超过 508 亿。看，它帮助推动纳斯达克指数创下新高。
They say: "The growing demand for generative artificial intelligence will propel Micron's stock to unprecedented heights ." Forecasts, we are looking at earnings per share of 31.50, Nicol.
We are looking at revenues exceeding 50.8 billion. Look, it helped push the Nasdaq index to new record highs.
事实上，我当时和多位分析师交流，提出了一个想法：根据他们从一些分析师那里听到的情况——比如我刚才从“Bird”那里报道的内容——它可能会取代 Nvidia，成为标普 500 盈利增长的最大驱动力。
In fact, I was talking to various analysts and brought up the idea that it might dethrone Nvidia and become the biggest driver of S &P 500 earnings growth based on what they heard from some analysts , such as what I just reported from "Bird".
观察点
这个频道对 $MU 的历次判断
Schwab Network 在这只股票上共 6 条判断，这里只列相邻的几条。