TD Cowen reaffirmed its Buy rating on Micron Technology with a $1,600 price target, implying a 63% upside, citing ongoing strong demand for memory products driven by AI infrastructure growth and persistent supply constraints expected beyond 2027. Supply Constrainment Agreements are seen as key to securing long-term pricing and revenue stability. Micron's recent Q3 2026 results showed a 346% revenue increase and strong earnings, with plans to boost U.S. manufacturing investment. Separately, Donald Trump's recent financial disclosure revealed he owns $1.67 million worth of Micron Technology stock.