Why Micron Technology Stock Is Rising Today
Shares of Micron Technology (NASDAQ: MU), a memory semiconductor manufacturer, rocketed higher today after Applied Materials said it was partnering with Micron to speed up the development of advanced memory for artificial intelligence applications.
Micron's memory chips are a key component of AI data centers, but there have been some concerns that the company may not be able to produce enough processors to keep up with demand. This latest news is helping to ease those fears, and causing Micron's stock to rise 5.1% as of 2:17 p.m. E.T.
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Source Fool.com
Micron Technology Inc. Aktie
381,35 €
-3,39 %
Klare Kaufstimmung für Micron Technology Inc.: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 435 € für Micron Technology Inc. impliziert ein leicht positives Wachstum gegenüber dem aktuellen Kurs von 381.35 €.
