Where Will Micron Stock Be by 2030?
Micron Technology (NASDAQ: MU) stock has been on a stellar run over the past year, rising an incredible 522% as it has benefited big time from the fast-growing demand for memory chips used in artificial intelligence (AI) data centers.
The phenomenal demand for AI chips has been exceeding supply, and the good news for suppliers is that the shortage isn't expected to end anytime soon. But are Micron's catalysts sustainable for the next five years, enabling the AI stock to deliver more gains to investors through the end of the decade?
Image source: Micron Technology
Source Fool.com
Micron Technology Inc. Stock
€841.10
2.080%
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1294 € there is a hugely positive potential of 53.85% for Micron Technology Inc. compared to the current price of 841.1 €.
