<div id="readability-page-1">Analyst upgrade boost: Deutsche Bank raised Micron’s price target to $1,000, maintaining a buy rating amid strong growth and valuation support. AI fuels shortage: A global memory chip shortage driven by AI demand is lifting Micron’s revenues and margins, with supply constraints expected to last years. Market euphoria risk: Semiconductor stocks have soared since March, prompting warnings from strategists about parallels to the 1999 dot-com bubble.</div>

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<p>Deutsche Bank has raised Micron's price target to $1,000, maintaining a buy rating due to strong growth and valuation support. The global memory chip shortage, driven by AI demand, is boosting Micron's revenues and margins, with supply constraints expected to persist for years. However, strategists warn of potential market euphoria risks, drawing parallels to the 1999 dot-com bubble.</p>

- Deutsche Bank increased Micron’s price target to $1,000, keeping a buy rating due to strong growth and valuation support.  
- A global memory chip shortage, spurred by AI demand, is boosting Micron’s revenues and margins, with supply constraints anticipated to persist for years.  
- Recent surges in semiconductor stocks have raised concerns among strategists, drawing comparisons to the 1999 dot-com bubble.

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Deutsche Bank raises Micron target to $1,000 amid AI-driven rally