Why Micron Stock Is Gaining Today
Despite a bearish backdrop for tech stocks, (NASDAQ: MU) is marching higher in Tuesday's trading. The memory-chip company's share price was up 0.8% as of 3:15 p.m. ET. Meanwhile, the S 500 had fallen 2.1%, and the Nasdaq Composite was down 2.4%. The stock had been up as much as 5.2% earlier in trading.
Tech stocks are in retreat today due to dynamics related to the U.S.'s attempts to acquire Greenland. Excitement surrounding Micron's opportunities in the artificial intelligence (AI) chip market are allowing the stock to defy gravity.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
721,10 €
0,92 %
Die Community sieht Micron Technology Inc. positiv: Viel mehr Buy- als Sell-Einschätzungen.
Für Micron Technology Inc. sieht die Community ein Kursziel von 1294 €, was eine erhebliche Steigerung um über 50% gegenüber dem aktuellen Kurs von 721.1 € bedeutet.
