10 Trending AI Stocks on Wall Street

3. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 96

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Trending AI Stocks on Wall Street. On August 12, JPMorgan reiterated the stock as “Overweight,” stating that it is sticking with Micron following its preannouncement on Monday and raised its price target to $185 per share from $165.

“Overall, the team believes they are well positioned for FY26 and CY26. With solid cost execution and improving supply/demand fundamentals, we anticipate continued improvement in gross margin (GM) and earnings power in 2025 and into 2026. We are increasing our estimates and increasing our PT from $165 to $185. We maintain our OW rating.”

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.