Micron (MU) Up 53% YTD: Is It Too Late to Buy the Stock Now?
MUMicron Technology(MU) ZACKS·2024-07-09 23:01

Micron Technology, Inc. (MU) , a stalwart in the semiconductor industry, has demonstrated resilience amid market volatility, rewarding investors with substantial returns. The Boise, ID-based memory chip maker has significantly outperformed the tech sector and the broader S&P 500 index in the year-to-date (YTD) period.Micron's robust performance can be attributed to its sustained focus on enhancing its product portfolio through innovations, continuous deal wins and an improving demand-supply environment for ...