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$1,550: Needham raises price target on Micron ahead of Wednesday earnings

AI and semiconductor stocks came under pressure in the US market overnight, with major names such as Micron falling 13% following its Q3 result. It appears investors are now beginning to pay closer attention to the ballooning debt profiles across the AI infrastructure value chain. This is not limited to the picks-and-shovels suppliers such as Broadcom, which carries a debt balance of around US$60 billion. It is also becoming more visible across …

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FXStreet broke the news on Monday, June 22, 2026.
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