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MarketBeat
MarketBeat
Thomas Hughes

Micron’s AI Memory Boom Could Send Shares 100% Higher

Micron Memory MU MarketBeat

Signals from chart price action to analysts' sentiment point to another massive run for Micron (NASDAQ: MU) stock. While headwinds and hurdles such as market angst, profit-taking, and repositioning weigh on price action today, long-term trends suggest at least another 100% upside. The hurdle in September is the broad call to slow down AI’s advancement.

Micron Is Well-Positioned for AI’s Virtuous Cycle

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