Micron Gains on Anticipation of Big Boost From Data Center Chips

Micron Technology Inc. shares rose the most in four months after analysts touted the chipmaker’s growth potential in the data center market, where artificial intelligence services have stoked demand.

Citigroup Inc. analyst Christopher Danely boosted his price target for Micron to $175 from $150, saying the company would “guide well above consensus” when it reports results on Sept. 23.