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Why Did Micron Stock Pop Again Today?

TheMotleyFool 
0 0 12.02.26
Why Did Micron Stock Pop Again Today?Photo, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

For the second day in a row, Micron (NASDAQ: MU) stock moved higher on Thursday, up 3.7% through 10:30 a.m. ET. For the second day in a row, the reason is DRAM high-bandwidth memory (HBM).

And more precisely, how the laws of supply and demand link Micron's profits to HBM supply.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€760.90
-0.590%
Micron Technology Inc. shows a slight decrease today, losing -€4.500 (-0.590%) compared to yesterday.
The stock is one of the favorites of our community with 160 Buy predictions and 1 Sell predictions.
As a result the target price of 1293 € shows a very positive potential of 69.93% compared to the current price of 760.9 € for Micron Technology Inc..
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