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Story summary
- Micron Technology, Inc. reverses a 49% revenue drop in fiscal 2023 to a 62% rise in fiscal 2024, driven by AI demand.
- It owns 22% of global DRAM and 13.3% of NAND markets.
- Analysts upgraded Micron to Overweight with a $220 price target.
- Micron plans a $200 billion U.S. manufacturing push, including Idaho plant, and shares up over 80% last year.
