Micron Technology remains a buy as AI-driven HBM demand propels earnings and revenue growth. MU's operating margins surged from 25% to 45% in a year, driven by memory shortages and higher pricing. Analysts project MU earnings per share to reach $41.40 within 18 months, and I estimate a fair value for the stock near $600.
'Mad Money' host Jim Cramer talks Micron breaking ground on a domestic chip plant.
Micron Technology is set to be worth $400 billion only a few weeks after topping $300 billion valuation as the largest U.S. maker of memory chips rides the artificial intelligence demand boom.
Micron (MU) just got a powerful vote of confidence.
Micron (MU) reported earnings 30 days ago. What's next for the stock?
Micron Technology Inc (NASDAQ:MU) stock is 8.2% higher to trade at a fresh record high of $365.81 at last glance, following news that board member and director Mark Liu bought $7.8 million in shares, per a Securities and Exchange Commission (SEC) filing.
Micron (MU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Former TSMC co-CEO Mark Liu just bought up Micron's stock at a time when it's essentially never been hotter. The purchase implies he thinks the stock's rally still has legs.
NVIDIA could be the next big AI chip winner as Micron's rally fades, with soaring data center demand and strong uptake for Blackwell and H200 chips.
Micron Technology (MU) stock has risen by 40% over the course of 21 trading days. This surge is a result of increased HBM demand for AI infrastructure and a tightening memory supply, but substantial movements like this frequently provoke a more challenging question: Is the stock genuinely robust when markets decline?
Micron Technology (MU) has faced challenges in the past. Its stock has fallen by more than 30% during less than two months in nearly 10 different instances in recent years, erasing billions in market capitalization and undoing substantial gains in a single downturn.
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