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from24/7 Wall St.
3 days agoWhy One Analyst Thinks ASML Is Worth $1,971
ASML's stock is projected to reach $1,971 by 2026, driven by DRAM capacity expansion and strong demand for EUV machines.
Micron's version of events says it's signed a letter of intent to acquire Powerchip's entire P5 site in Tongluo, Taiwan, for total cash consideration of US$1.8 billion. "The acquisition includes an existing 300 mm fab cleanroom of 300,000 square feet and will further position Micron to address growing global demand for memory solutions," the company stated, adding that the company "expects this acquisition to contribute to meaningful DRAM wafer output beginning in the second half of calendar 2027."