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Why Micron Stock Is Surging Today


(NASDAQ: MU) stock is bounding higher in Friday's trading. The memory-chip company's share price was up 6.1% as of 2:50 p.m. ET and had been up as much as 8.7% earlier in trading.

Micron's valuation is continuing to surge today as the pricing outlook for its memory chips across both enterprise artificial intelligence (AI) and consumer categories keeps strengthening. News that the company has broken ground on its new manufacturing facility.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€369.25
1.760%
Micron Technology Inc. gained 1.760% today.
The stock is one of the favorites of our community with 142 Buy predictions and 1 Sell predictions.
As a result the target price of 425 € shows a slightly positive potential of 15.1% compared to the current price of 369.25 € for Micron Technology Inc..
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