Micron and Intel Warned to Fall 44% and 60% After Surging 228% and 192% This Year

According to The Motley Fool, Micron Technology and Intel, which surged 228% and 192% respectively this year amid AI demand, face significant downside warnings from Wall Street analysts. Morningstar analyst William Kerwin set a $500 target price for Micron, implying a 44% downside from its current $898 price, citing lack of competitive moat and commodity-like pricing pressures. Morgan Stanley analyst Harlan Sur set a $45 target for Intel, suggesting a 60% correction from $115, citing execution concerns and competitive headwinds from competitors like AMD and TSMC.
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