Micron

Broker's Calls

Venture Corp and Frencken are DBS’s downstream picks; both look set to benefit from AI wave and recovery of end demand

DBS has “buy” calls on both companies with a TP of $1.77 for Frencken and a TP of $16.40 for Venture.

Semiconductor

Micron gives strong forecast after data centre demand grows

The company has already sold out of all of the high-bandwidth memory that it can make in 2024
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