As the South Korean and Japanese trade disputes rages on, investors are increasingly optimistic on Micron (MU) stock.  For numerous reasons, shares of the semiconductor giant have risen nearly 40% since the start of the summer, with the Asian dispute playing a role. The conflict began when Japan restricted the export of fluorinated polyimides, photoresists, and hydrogen fluoride (the three key materials needed for semiconductors) to South Korea, home to industry giants Samsung and SK Hynix. As a result, the two companies have been forced to curb production, leading to lower supply and increased prices industry-wide. Micron, meanwhile, has benefited from this saga, as pricing is increasingly turning to its favor. 5-star Deutsche Bank analyst Sidney Ho does not believe the tensions will contribute much moving forward. But overall, the analyst remains positive on Micron stock, reiterating a Buy rating and $55 price target. (To watch Ho’s track record, click here) Even though the Japan-Korea dispute has contributed to increase optimism over Micron stock, Ho says the tensions are “increasingly unlikely to have a meaningful impact on industry supply.” Nevertheless, the short-ter...