A major European banking institution has raised its price target for the memory chip giant ahead of its upcoming quarterly financial report. Analysts are betting on stronger-than-expected performance, citing robust demand in data center infrastructure and AI-related semiconductor applications. The bullish stance reflects growing confidence in the chipmaker's ability to capitalize on the ongoing tech cycle, particularly as enterprise spending on computing hardware remains resilient. With earnings just around the corner, market watchers are eyeing whether supply chain improvements and pricing power can translate into bottom-line beats. The semiconductor sector continues to be a key barometer for broader tech momentum.