Why Micron Stock Was Moving Higher This Week
Shares of Micron (NASDAQ: MU) were among the winners this week after the memory-chip specialist benefited from general excitement about the chip sector and artificial intelligence (AI) with the start of CES earlier this week. The company also got a specific mention from AI leader Nvidia (NASDAQ: NVDA), which is using some Micron components in its new products.
According to data from S&P Global Market Intelligence, the stock was up 10.6% for the week through Wednesday's close. The market is closed today in remembrance of President Jimmy Carter.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
714,50 €
-5,86 %
Klares Buy-Übergewicht bei der Micron Technology Inc. Aktie mit 159 zu 1 Einschätzungen.
Ein Kursziel von 1294 € für Micron Technology Inc. würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 714.5 € bedeuten.
