【券商聚焦】华泰证券维持美光科技(MU)买入评级公司营收利润超预期毛利率显著提升_老虎社区_美港股上老虎

【券商聚焦】华泰证券维持美光科技(MU)买入评级公司营收利润超预期毛利率显著提升

金吾财讯2025-12-22

金吾财讯 | 华泰证券研报指出，美光科技(MU)FY26Q1营收利润超预期，AI驱动HBM及DRAM需求高增，毛利率显著提升。

公司上调资本支出至200亿美元，HBM4良率爬坡加快，SOCAMM2先发优势明显。NAND受益于AI服务器SSD扩容。盈利预测大幅上调，切换至15.0x FY26E PE估值，维持买入评级，目标价升至360美元。

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