Where Will Micron Stock Be in 1 Year?
Investors have faced considerable difficulty owning Micron Technology (NASDAQ: MU). As one of the few makers of DRAM and NAND memory, the company has played a crucial support role in running semiconductor-powered hardware and ensuring the smooth function of software applications.
The semiconductor industry is also well known for its cyclicality, and the memory chip industry has experienced the most volatility. However, despite these extreme movements, Micron appears set to move higher over the next year. Here's why.
The investment case for Micron has changed because of the cloud and artificial intelligence (AI). These technologies have led to a sustained increase in the demand for digital memory.
Source Fool.com
Micron Technology Inc. Aktie
792,90 €
0,20 %
Micron Technology Inc. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 1294 € für Micron Technology Inc. deutet auf eine deutliche Steigerung um mehr als 50% gegenüber dem aktuellen Kurs von 792.9 € hin.
