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Barchart
Barchart
Pathikrit Bose

As Micron Heeds Trump’s Call for Domestic DRAM Manufacturing, MU Stock Is Still Undervalued

Memory chipmaker Micron (MU) is heeding President Donald Trump's call for companies to manufacture in the United States. As the only major U.S. manufacturer of high-demand memory chips, Micron is not merely a critical player in the artificial intelligence (AI) industry; its importance in the larger realm of geopolitical significance is indisputable, just like Nvidia (NVDA).

Now, the company is bringing 1-alpha DRAM manufacturing to Manassas, Virginia. What is 1-alpha — and is it even possible for this news to take MU stock higher ? Let's take a closer look.

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