Marvell, Intel, and Micron Hit Record Highs on Thursday Amid Semiconductor Momentum

Shares of Marvell Technology (MRVL), Intel Corp. (INTC), and Micron Technology (MU) reached record highs on Thursday. MRVL hit $329.88 ahead of its S&P 500 inclusion on Monday, buoyed by KeyBanc's price target raise to $385. INTC climbed to $135.48 after President Trump announced Apple would work with Intel on advanced semiconductor manufacturing in the U.S., with Mizuho raising its price target to $135. MU surged to $1,149.43 as Apple's comments about rising memory costs fueled optimism around memory-market strength, prompting Rosenblatt to raise its price target to $1,200 and Wedbush to $1,300.
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