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.
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Source Fool.com
Micron Technology Inc. Stock
€346.65
-0.760%
With 137 Buy predictions and not a single Sell prediction Micron Technology Inc. is an absolute favorite of our community.
With a target price of 386 € there is a slightly positive potential of 11.35% for Micron Technology Inc. compared to the current price of 346.65 €.
