Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Micron Technology(MU) MarketBeat·2024-09-26 23:04
Micron Technology TodayMUMicron Technology$110.76 +14.99 (+15.65%) 52-Week Range$63.83▼$157.54Dividend Yield0.42%Price Target$145.65Add to WatchlistMicron Technology, Inc. NASDAQ: MU proved the doubters and analysts wrong with a Babe Ruth-style homerun earnings report that saw revenues nearly double YoY driven by the artificial intelligence (AI) boom. The irony is that at least three analysts downgraded, trimmed estimates or lowered price targets for Micron ahead of its fiscal fourth-quarter earnings report ...