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Wall Street is growing increasingly bullish on Micron as memory chip pricing power surges well past initial forecasts. Driven by relentless artificial intelligence hardware demand, high-performance memory chips remain in severe shortage, prompting Citi to project a 20 percent quarter-over-quarter price surge. With pristine fundamentals highlighting gross margins near 73 percent and an overwhelming 97 percent of recent analyst updates revising earnings upward, Micron is positioned as a standout strong buy across major quant models.
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