On August 13, Micron Technology rose 3.04% in regular trading, trading at $939.79/share, with turnover of $5.883 billion, extending the storage sector's strong momentum.

On the news front, JPMorgan's latest Q2 holdings disclosure revealed Micron Technology as its top buy among the five largest position increases, with total portfolio market value rising 16% quarter-over-quarter to $1.81 trillion, signaling strong institutional conviction in the AI hardware supply chain. Citi and Deutsche Bank also notably increased their Micron positions during Q2. UBS maintained its Buy rating with a $1,625 target price, raising its HBM average selling price growth forecast from 67% to 79%, citing supply-demand tightness exceeding prior expectations. Mizuho reiterated its Outperform rating. The company has secured 16 long-term supply agreements involving $22 billion in commitments, with large-scale new capacity not expected online until 2028, supporting a structurally tight supply outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)