Micron Target Price $1,625 Appears...Semiconductors That Overcame War Uncertainty [Wall Street Newsletter]

Watch on YouTube ↗  |  May 26, 2026 at 22:16  |  42:15  |  3PRO TV (삼프로TV)
Speakers
Park Myung-seok — Curator

Summary

Park Myung-suk reviews the overnight market surge led by Micron's 19% rally after a UBS target price hike to $1,625, highlighting the semiconductor sector's dominance. He also covers Marvell's upcoming earnings, Qualcomm's AI chip deal with ByteDance, Ford's ESS momentum, and space-related themes. Macro factors such as oil prices and interest rates are discussed, with a preference for semiconductors over space in the current environment.

  • Micron jumped 19% and joined the $1 trillion club after UBS raised its target to $1,625, citing long-term agreements and HBM pricing.
  • Marvell Technology is expected to benefit from its optical acquisition and upcoming earnings.
  • Qualcomm is partnering with ByteDance for AI chip supply, extending its reach into custom silicon.
  • Ford continues to rally on energy storage system (ESS) demand linked to AI data centers.
  • Space stocks surged but lack near-term earnings, making semiconductors the preferred allocation.
  • Oil prices rose on geopolitical tensions but markets expect resolution within weeks.
  • The K-shaped economy favors AI and semiconductor winners over consumer discretionary names.
  • Interest rate hike concerns persist but the speaker sees rate cuts as more likely given U.S. debt levels.
Trade Ideas
Park Myung-seok Curator 4:56
Ford ESS momentum tied to AI data centers.
Ford continues to hit new highs driven by its energy storage system (ESS) business, which is increasingly linked to AI data center power needs. The stock is benefiting from the same AI infrastructure buildout theme as semiconductors, with ESS momentum providing a differentiated catalyst.
F MED
Park Myung-seok Curator 24:05
Micron benefits from target raise and HBM pricing.
Micron surged 19% after UBS raised its target price from $500 to $1,625, reflecting delayed recognition of memory semiconductor value, strong long-term agreements (LTA), and expected HBM price increases through 2027. The stock joined the $1 trillion club and is positioned to continue rising toward $1,000 and beyond, supported by AI-driven demand and a structural shift toward semiconductors dominating market cap rankings.
MU HIGH
Park Myung-seok Curator 28:32
Marvell earnings and optical acquisition catalyst.
Marvell Technology is set to report earnings, and its recent acquisition of an optical company positions it to benefit from optical communications demand tied to AI infrastructure. The stock has broken above $200 and continues to trend upward, with potential for further gains post-earnings and spillover effects to optical stocks.
MRVL MED
Park Myung-seok Curator 29:52
Qualcomm AI chip supply deal with ByteDance.
Qualcomm is collaborating with ByteDance to supply AI chips, extending its role beyond mobile into AI-driven custom silicon. This partnership, combined with the broader semiconductor rally, supports Qualcomm's upside as AI chip demand expands to edge and connectivity applications.
QCOM MED
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This 3PRO TV (삼프로TV) video, published May 26, 2026, features Park Myung-seok discussing F, MU, MRVL, QCOM. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Myung-seok  · Tickers: F, MU, MRVL, QCOM