Buy Alert: Why Micron Stock Will Keep Riding the AI Boom Higher
MUMicron Technology(MU) InvestorPlace·2024-05-09 18:26

Micron Technology (NASDAQ:MU), which makes computer-memory chips, is benefiting from multiple, strong, positive catalysts. Among these drivers are the rapidly increasing demand for its products for use in artificial intelligence (AI) systems and new AI server chips that it has begun offering recently. The latter chips tend to be more profitable than its older products. Also positively for Micron Technology stock, multiple Wall Street banks have issued very upbeat notes on the chipmaker in recent months, whi ...