GlobalFoundries partnership talk feeds into a supportive "MU stock price forecast" scenario, where supply contracts secure stable pricing through mid- While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . Sanjay Mehrotra, Micron's CEO, said in the earnings release that the company is making "disciplined investments to build on our technology leadership and manufacturing excellence to satisfy growing AI-driven memory demand." In the semiconductor sector outlook, the "MU stock price forecast" benefits from the rebound in PC and server memory markets. Analysts flag earnings per share growth projections above 20% YoY as a key bullish driver.